Coeymans Hollow Volunteer Fire Corporation

Analysis

Coeymans Hollow Volunteer Fire Corporation is a registered charity in United States, based in Coeymans Holw, NY. It received its IRS tax-exemption ruling in March 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 December 2023, Coeymans Hollow Volunteer Fire Corporation reported income of $156k and spending of $210k, spending 135% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $177k to $156k (-12%), an average of -3.2% a year. Over the whole period it spent 112% 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, Coeymans Hollow Volunteer Fire Corporation sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 46th percentile within NY. Charities of a similar size with the same main cause include Pioneer Hose Company 1 ($156k), Ridge Firemans Relief Association ($156k) and Lockney Volunteer Fire Department ($156k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 4.3% of the total. At year end it held assets of $1.0m against liabilities of $224k, net assets of $802k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.