Grahamsville First Aid Squad Inc

Analysis

Grahamsville First Aid Squad Inc is a registered charity in United States, based in Grahamsville, NY. It received its IRS tax-exemption ruling in May 2014, 12 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Grahamsville First Aid Squad Inc reported income of $61k and spending of $67k, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $78k to $61k (-22%), an average of -5.9% a year. The sharpest change came in the year to December 2022, when income dropped by 22%. Over the whole period it spent 87% 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, Grahamsville First Aid Squad Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 25th percentile within NY. Charities of a similar size with the same main cause include Newport Firefighters Fund ($61k), Zaka Rescue & Recovery Inc ($61k) and Holland Volunteer Fire Dept Bingo Acct ($61k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.8% and program service revenue 84% of the total. At year end it held assets of $615k against liabilities of $0, net assets of $615k.