Caroga Lake Volunteer Fire C

Analysis

Caroga Lake Volunteer Fire C is a registered charity in United States, based in Caroga Lake, NY. It received its IRS tax-exemption ruling in September 2012, 14 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, Caroga Lake Volunteer Fire C reported income of $270k and spending of $201k, leaving 25% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $231k to $270k (+17%), an average of +4.0% a year. The sharpest change came in the year to December 2022, when income dropped by 43%. Over the whole period it spent 60% 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, Caroga Lake Volunteer Fire C sits at the 69th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 57th percentile within NY. Charities of a similar size with the same main cause include Palisades Will Rogers 5 & 10 K Run Foundation ($270k), Corriganville Volunteer Fire Dept Inc ($270k) and Western Regional Ems Inc ($270k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 7.3% and program service revenue 90% of the total. At year end it held assets of $2.9m against liabilities of $1.0m, net assets of $1.9m.