Fort Ann Volunteer Fire Co Inc

Analysis

Fort Ann Volunteer Fire Co Inc is a registered charity in United States, based in Fort Ann, NY. It received its IRS tax-exemption ruling in November 1981, 45 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 March 2023, Fort Ann Volunteer Fire Co Inc reported income of $354k and spending of $226k, leaving 36% of income unspent that year. Across the 5 years on record, from March 2019 to March 2023, income grew from $244k to $354k (+45%), an average of +9.7% a year. The sharpest change came in the year to March 2023, when income rose by 46%. Over the whole period it spent 82% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Fort Ann Volunteer Fire Co Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 61st percentile within NY. Charities of a similar size with the same main cause include Wat Khmer Temple Trigoda Jothi- Gnano Choun-Nat ($354k), Families 1st Partnership ($354k) and Allegany Association for Childhood Education Incorporated ($354k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 81% and program service revenue 2.4% of the total. At year end it held assets of $1.4m against liabilities of $482k, net assets of $886k.