West Glens Falls Fire Company No 1 Incorporated
Analysis
West Glens Falls Fire Company No 1 Incorporated is a registered charity in United States, based in Queensbury, NY. It received its IRS tax-exemption ruling in December 1979, 47 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, West Glens Falls Fire Company No 1 Incorporated reported income of $818k and spending of $758k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $717k to $818k (+14%), an average of +3.3% a year. The sharpest change came in the year to December 2022, when income rose by 15%. Over the whole period it spent 85% 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, West Glens Falls Fire Company No 1 Incorporated sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 73rd percentile within NY. Charities of a similar size with the same main cause include Advance Fire Department Inc ($818k), Bannertown Volunteer Fire Dept Inc ($818k) and Hatzalah of Michigan ($817k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.8% and program service revenue 94% of the total. At year end it held assets of $2.5m against liabilities of $1.4m, net assets of $1.2m.
Income and spending
Where the income comes from
- Contributions & grants 0.8%
- Program services 94%
- Other 5.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Advance Fire Department Inc | Advance | $818k |
| Bannertown Volunteer Fire Dept Inc | Mount Airy | $818k |
| Hatzalah of Michigan | Oak Park | $817k |
| West Central Florida Driver Improvement Inc | Ocala | $818k |