South Queensbury Volunteer Fire Company Inc

Analysis

South Queensbury Volunteer Fire Company Inc is a registered charity in United States, based in Queensbury, NY. It received its IRS tax-exemption ruling in October 2000, 26 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, South Queensbury Volunteer Fire Company Inc reported income of $447k and spending of $461k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $404k to $447k (+11%), an average of +2.5% a year. Over the whole period it spent 87% 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, South Queensbury Volunteer Fire Company Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 64th percentile within NY. Charities of a similar size with the same main cause include Barrow Search and Rescue Inc ($447k), First Hose Company of Boonsboro Washington County State of Marylan ($448k) and Dysartsville Volunteer Fire Department Inc ($446k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.2% and program service revenue 97% of the total. At year end it held assets of $3.2m against liabilities of $2.0m, net assets of $1.2m.