North Bailey Fire Company Inc

Analysis

North Bailey Fire Company Inc is a registered charity in United States, based in Amherst, NY. It received its IRS tax-exemption ruling in April 2009, 17 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 February 2024, North Bailey Fire Company Inc reported income of $371k and spending of $502k, spending 135% of what it took in. Across the 5 years on record, from February 2020 to February 2024, income fell from $464k to $371k (-20%), an average of -5.4% a year. The sharpest change came in the year to February 2021, when income dropped by 28%. Over the whole period it spent 107% 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, North Bailey Fire Company Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 62nd percentile within NY. Charities of a similar size with the same main cause include Florida Floodplain Managers Association Inc ($371k), Arklatex Safety Council Inc ($371k) and Bridgewater Fire Co Inc ($371k).

On its Form 990 for the period ending February 2024, revenue came from contributions and grants 87% of the total. At year end it held assets of $2.0m against liabilities of $1,250, net assets of $2.0m.