Monticello Fire Department Inc

Analysis

Monticello Fire Department Inc is a registered charity in United States, based in Monticello, NY. It received its IRS tax-exemption ruling in February 1997, 29 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, Monticello Fire Department Inc reported income of $206k and spending of $152k, leaving 26% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $183k to $206k (+13%), an average of +3.1% a year. The sharpest change came in the year to December 2021, when income rose by 133%. Over the whole period it spent 68% 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, Monticello Fire Department Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 52nd percentile within NY. Charities of a similar size with the same main cause include Intel & Law Enforcement Training Services ($206k), Halifax Fire and Rescue Department ($206k) and Florida Association of Dui Programs Inc ($206k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 53% 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 $1.6m against liabilities of $0, net assets of $1.6m.