Duane Volunteer Fire Company

Analysis

Duane Volunteer Fire Company is a registered charity in United States, based in Malone, NY. It received its IRS tax-exemption ruling in March 2004, 22 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 October 2023, Duane Volunteer Fire Company reported income of $117k and spending of $112k, spending 96% of its income. Across the 5 years on record, from October 2019 to October 2023, income grew from $72k to $117k (+63%), an average of +13% a year. The sharpest change came in the year to October 2023, when income rose by 69%. Over the whole period it spent 90% 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, Duane Volunteer Fire Company sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 40th percentile within NY. Charities of a similar size with the same main cause include Morgans Corner Volunteer Fire Department Inc ($117k), Bath-Highland County Volunteer Fire Department ($117k) and Fitzpatrick Volunteer Fire Department Inc ($117k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 77% of the total. At year end it held assets of $704k against liabilities of $0, net assets of $704k.