Malta Ridge Volunteer Fire Co Inc

Analysis

Malta Ridge Volunteer Fire Co Inc is a registered charity in United States, based in Ballston Spa, NY. It received its IRS tax-exemption ruling in January 1989, 37 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, Malta Ridge Volunteer Fire Co Inc reported income of $1.1m and spending of $1.0m, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.0m to $1.1m (+7.2%), an average of +1.8% a year. Over the whole period it spent 95% 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, Malta Ridge Volunteer Fire Co Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 76th percentile within NY. Charities of a similar size with the same main cause include Band Together ($1.1m), Grace Chapel Volunteer Fire ($1.1m) and Hancock Rescue Squad Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.9% and program service revenue 93% of the total. Other salaries and wages came to $62k. At year end it held assets of $3.0m against liabilities of $0, net assets of $3.0m. It reported 1 employees.