Independent Fire Co of Mt Kisco Inc

Analysis

Independent Fire Co of Mt Kisco Inc is a registered charity in United States, based in Mount Kisco, NY. It received its IRS tax-exemption ruling in October 2004, 22 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 March 2024, Independent Fire Co of Mt Kisco Inc reported income of $241k and spending of $296k, spending 123% of what it took in. Across the 5 years on record, from March 2020 to March 2024, income fell from $463k to $241k (-48%), an average of -15% a year. The sharpest change came in the year to March 2021, when income dropped by 52%. Over the whole period it spent 84% 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, Independent Fire Co of Mt Kisco Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 55th percentile within NY. Charities of a similar size with the same main cause include Towamensing Township Volunteer Fire Company ($241k), Sturgis Volunteer Fire Dept ($241k) and Haycock Fire Company No 1 ($241k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 7.5% and program service revenue 69% of the total. At year end it held assets of $2.4m against liabilities of $457k, net assets of $1.9m.