Stormville Fire Company Inc

Analysis

Stormville Fire Company Inc is a registered charity in United States, based in Stormville, NY. It received its IRS tax-exemption ruling in August 2014, 12 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, Stormville Fire Company Inc reported income of $87k and spending of $88k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $61k to $87k (+43%), an average of +9.3% a year. The sharpest change came in the year to December 2020, when income rose by 120%. Over the whole period it spent 74% 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, Stormville Fire Company Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 33rd percentile within NY. Charities of a similar size with the same main cause include Hillcrest Volunteer Fire Company Inc ($87k), NFFD Volunteers Inc ($87k) and Ewing Volunteer Fire Department Inc ($87k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 31% of the total. At year end it held assets of $731k against liabilities of $83k, net assets of $648k.