Eagle-Matt Lee Volunteer Fire Company

Analysis

Eagle-Matt Lee Volunteer Fire Company is a registered charity in United States, based in Ballston Spa, NY. It received its IRS tax-exemption ruling in April 1993, 33 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 March 2023, Eagle-Matt Lee Volunteer Fire Company reported income of $53k and spending of $59k, spending 113% of what it took in. Across the 2 years on record, from March 2022 to March 2023, income fell from $68k to $53k (-23%), an average of -23% a year. The sharpest change came in the year to March 2023, when income dropped by 23%. 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, Eagle-Matt Lee Volunteer Fire Company sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 23rd percentile within NY. Charities of a similar size with the same main cause include Ground Operations Development Inc ($52k), Greers Ferry Emergency Fund ($53k) and Hext Volunteer Fire Department ($52k).

On its Form 990-EZ for the period ending March 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $258k against liabilities of $28, net assets of $258k.