Valois Logan & Hector Volunteer Fire Co Inc

Analysis

Valois Logan & Hector Volunteer Fire Co Inc is a registered charity in United States, based in Hector, NY. It received its IRS tax-exemption ruling in May 1996, 30 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Valois Logan & Hector Volunteer Fire Co Inc reported income of $308k and spending of $198k, leaving 36% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $289k to $308k (+6.4%), an average of +1.2% a year. The sharpest change came in the year to December 2022, when income rose by 17%. Over the whole period it spent 69% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Valois Logan & Hector Volunteer Fire Co Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 59th percentile within NY. Charities of a similar size with the same main cause include International Womens Conference Inc ($308k), Help Our Wounded Foundation ($308k) and Dearborn County Crisis Pregnancy Center Inc ($308k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 18% and program service revenue 79% of the total. Compensation of current officers, directors and key employees was $300 (0.2% of expenses). At year end it held assets of $1.9m against liabilities of $104k, net assets of $1.8m.