Town of Carlton Fire Co 1 Inc

Analysis

Town of Carlton Fire Co 1 Inc is a registered charity in United States, based in Albion, NY. It received its IRS tax-exemption ruling in May 2014, 12 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, Town of Carlton Fire Co 1 Inc reported income of $308k and spending of $271k, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $238k to $308k (+29%), an average of +6.6% a year. The sharpest change came in the year to December 2020, when income rose by 41%. Over the whole period it spent 81% 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, Town of Carlton Fire Co 1 Inc sits at the 72nd percentile: it is larger than about 72% 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 Bonlee Fire Department Inc ($308k), The Foundation for Youth Firearms Safety Inc ($308k) and Canaan Fire Company Inc ($308k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 69% of the total. Compensation of current officers, directors and key employees was $1,920 (0.7% of expenses). Other salaries and wages came to $480. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m.