The Millwood Fire Company Number One Inc

Analysis

The Millwood Fire Company Number One Inc is a registered charity in United States, based in Millwood, NY. It received its IRS tax-exemption ruling in November 2002, 24 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, The Millwood Fire Company Number One Inc reported income of $91k and spending of $55k, leaving 39% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $66k to $91k (+39%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 69%. Over the whole period it spent 102% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, The Millwood Fire Company Number One Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 34th percentile within NY. Charities of a similar size with the same main cause include Friedens Fire Co ($91k), Weehawken Volunteer First Aid Squad ($91k) and West Jackson County Fire Department ($91k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 43% of the total. At year end it held assets of $734k against liabilities of $0, net assets of $734k.