Cold Springs Fire Co No 1 Games of Chance

Analysis

Cold Springs Fire Co No 1 Games of Chance is a registered charity in United States, based in Cold Spring, NY. It received its IRS tax-exemption ruling in August 1993, 33 years ago. 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, Cold Springs Fire Co No 1 Games of Chance reported income of $181k and spending of $345k, spending 191% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $185k to $181k (-2.4%), an average of -0.6% a year. The sharpest change came in the year to December 2021, when income rose by 24%. Over the whole period it spent 128% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Cold Springs Fire Co No 1 Games of Chance sits at the 50th percentile: it is larger than about 50% 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 Oakland Aviation Museum ($181k), US Green Building Council Central California Chapter ($181k) and Lou Grant Parent-Child Workshop ($181k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% and program service revenue 18% of the total. At year end it held assets of $1.5m against liabilities of $345k, net assets of $1.1m.