Bennington Volunteer Fire Company Inc

Analysis

Bennington Volunteer Fire Company Inc is a registered charity in United States, based in Attica, NY. It received its IRS tax-exemption ruling in December 1999, 27 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, Bennington Volunteer Fire Company Inc reported income of $190k and spending of $302k, spending 159% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $297k to $190k (-36%), an average of -11% a year. The sharpest change came in the year to December 2020, when income dropped by 43%. Over the whole period it spent 127% 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, Bennington Volunteer Fire Company Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 50th percentile within NY. Charities of a similar size with the same main cause include Farmington Fire Department Inc ($190k), Mount Pleasant Volunteer Fire Department ($190k) and New Berlin Fire Company Number One ($189k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.6% and program service revenue 58% of the total. At year end it held assets of $483k against liabilities of $195k, net assets of $287k.

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.