Hebron Volunteer Fire Company Inc

Analysis

Hebron Volunteer Fire Company Inc is a registered charity in United States, based in Salem, NY. It received its IRS tax-exemption ruling in December 2023, 3 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, Hebron Volunteer Fire Company Inc reported income of $246k and spending of $312k, spending 127% of what it took in. Across the 6 years on record, from December 2017 to December 2023, income grew from $128k to $246k (+92%), an average of +14% a year. The sharpest change came in the year to December 2019, when income rose by 103%. Over the whole period it spent 87% 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, Hebron Volunteer Fire Company Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 55th percentile within NY. Charities of a similar size with the same main cause include West Field Volunteer Rescue Squad Inc ($246k), South Shore Volunteer Fire Distric ($246k) and Liberty Fire Company of New Berlinville ($245k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 35% and program service revenue 42% of the total. It paid $3,152 in professional fundraising fees. At year end it held assets of $676k against liabilities of $0, net assets of $676k.