Victory Fire Department Inc

Analysis

Victory Fire Department Inc is a registered charity in United States, based in Cato, NY. It received its IRS tax-exemption ruling in January 2025. 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 2022, Victory Fire Department Inc reported income of $126k and spending of $148k, spending 118% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income grew from $93k to $126k (+35%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 67%. Over the whole period it spent 105% 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, Victory Fire Department Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 41st percentile within NY. Charities of a similar size with the same main cause include Ada Fire Department Inc ($126k), Mozart Volunteer & Improvement Association ($126k) and Middle Island Volunteer Fire Department Inc ($126k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 97% of the total. At year end it held assets of $433k against liabilities of $45k, net assets of $388k.