Varick Volunteer Fire Company Incorporated

Analysis

Varick Volunteer Fire Company Incorporated is a registered charity in United States, based in Geneva, NY. It received its IRS tax-exemption ruling in April 2007, 19 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Varick Volunteer Fire Company Incorporated reported income of $177k and spending of $103k, leaving 42% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $164k to $177k (+7.9%), an average of +1.9% a year. The sharpest change came in the year to December 2022, when income rose by 37%. 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, Varick Volunteer Fire Company Incorporated sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 49th percentile within NY. Charities of a similar size with the same main cause include Bowman Community Volunteer Fire Department Inc ($177k), Keefeton Volunteer Fire Department Inc ($177k) and Broad Channel Volunteers Inc ($177k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.8% and program service revenue 88% of the total. At year end it held assets of $891k against liabilities of $5,768, net assets of $885k.