Hoosic Valley Volunteer Fire Co Inc

Analysis

Hoosic Valley Volunteer Fire Co Inc is a registered charity in United States, based in Schaghticoke, NY. It received its IRS tax-exemption ruling in March 1988, 38 years ago. 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 October 2023, Hoosic Valley Volunteer Fire Co Inc reported income of $152k and spending of $99k, leaving 35% of income unspent that year. Across the 2 years on record, from October 2022 to October 2023, income grew from $144k to $152k (+5.2%), an average of +5.2% a year. Over the whole period it spent 67% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hoosic Valley Volunteer Fire Co Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 46th percentile within NY. Charities of a similar size with the same main cause include Mountain Home Food Basket Inc ($152k), American British Cowdray Hospital Foundation ($152k) and Angel Foundation LV ($152k).

On its Form 990-EZ for the period ending October 2023, revenue came from contributions and grants 0.3% and program service revenue 97% of the total. At year end it held assets of $489k against liabilities of $78k, net assets of $411k.