Queensbury Central Volunteer Fire Company Inc

Analysis

Queensbury Central Volunteer Fire Company Inc is a registered charity in United States, based in Queensbury, NY. It received its IRS tax-exemption ruling in April 1991, 35 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, Queensbury Central Volunteer Fire Company Inc reported income of $933k and spending of $772k, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $898k to $933k (+3.9%), an average of +1.0% a year. Over the whole period it spent 92% 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, Queensbury Central Volunteer Fire Company Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 74th percentile within NY. Charities of a similar size with the same main cause include Sunset Harbor and Zion Hill Volunteer Fire Department Inc ($933k), Icard Township Fire Rescue Inc ($934k) and Underhill Jericho Fire Department ($933k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.8% and program service revenue 97% of the total. At year end it held assets of $3.1m against liabilities of $1.4m, net assets of $1.7m.