Woodlawn Volunteer Fire Company Inc

Analysis

Woodlawn Volunteer Fire Company Inc is a registered charity in United States, based in Buffalo, NY. It received its IRS tax-exemption ruling in December 2007, 19 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, Woodlawn Volunteer Fire Company Inc reported income of $416k and spending of $512k, spending 123% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $455k to $416k (-8.5%), an average of -2.2% a year. The sharpest change came in the year to December 2020, when income dropped by 18%. Over the whole period it spent 124% 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, Woodlawn Volunteer Fire Company Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 63rd percentile within NY. Charities of a similar size with the same main cause include Castorland Fire Company Inc ($416k), Graces Place Crisis Nursery ($417k) and First Branch Ambulance Service Inc ($416k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 101% of the total. At year end it held assets of $1.3m against liabilities of $1.4m, net assets of -$70k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.