Cronomer Valley Fire Department Inc

Analysis

Cronomer Valley Fire Department Inc is a registered charity in United States, based in Newburgh, NY. It received its IRS tax-exemption ruling in October 2010, 16 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, Cronomer Valley Fire Department Inc reported income of $188k and spending of $160k, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $201k to $188k (-6.3%), an average of -1.6% a year. The sharpest change came in the year to December 2020, when income dropped by 18%. Over the whole period it spent 84% 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, Cronomer Valley Fire Department Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 50th percentile within NY. Charities of a similar size with the same main cause include Sodexo Employee Disaster Relief Fund Inc ($188k), Stilesville Volunteer Fire & Rescue ($188k) and Dewitt Volunteer Fire Department Inc ($188k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 14% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $1,200 (0.8% of expenses). At year end it held assets of $1.2m against liabilities of $511k, net assets of $655k.