Verdoy Volunteer Fire Association Inc

Analysis

Verdoy Volunteer Fire Association Inc is a registered charity in United States, based in Latham, NY. It received its IRS tax-exemption ruling in March 2015, 11 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, Verdoy Volunteer Fire Association Inc reported income of $238k and spending of $277k, spending 116% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $248k to $238k (-3.9%), an average of -1.0% a year. Over the whole period it spent 106% 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, Verdoy Volunteer Fire Association Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 54th percentile within NY. Charities of a similar size with the same main cause include The Caldwell Volunteer Fire Company ($238k), Salado Volunteer Fire Dept Bingo Account ($238k) and Pittman Center Community Volunteer Fire Department Inc ($237k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 14% of the total. Other salaries and wages came to $128k. At year end it held assets of $888k against liabilities of $0, net assets of $888k. It reported 8 employees.