Bolton Volunteer Fire Company Inc

Analysis

Bolton Volunteer Fire Company Inc is a registered charity in United States, based in Bolton LNDG, NY. It received its IRS tax-exemption ruling in August 2002, 24 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, Bolton Volunteer Fire Company Inc reported income of $89k and spending of $108k, spending 121% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $105k to $89k (-16%), an average of -16% a year. The sharpest change came in the year to December 2023, when income dropped by 16%. Over the whole period it spent 111% 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, Bolton Volunteer Fire Company Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 34th percentile within NY. Charities of a similar size with the same main cause include Real Island Volunteer Fire Department Inc ($88k), Red Rock Volunteer Fire Company Inc ($89k) and Tony Jannus Distinguished Aviation Society Inc ($88k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 89% of the total. At year end it held assets of $348k against liabilities of $0, net assets of $348k.