Chenango Bridge Fire Co Inc

Analysis

Chenango Bridge Fire Co Inc is a registered charity in United States, based in Chenango BRG, NY. It received its IRS tax-exemption ruling in September 2013, 13 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, Chenango Bridge Fire Co Inc reported income of $421k and spending of $324k, leaving 23% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $355k to $421k (+19%), an average of +4.4% a year. The sharpest change came in the year to December 2023, when income rose by 23%. 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, Chenango Bridge Fire Co 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 64th percentile within NY. Charities of a similar size with the same main cause include Marilla Fire Company Inc ($421k), W B Strong Fire Company of Freeville Inc ($421k) and Bergheim Volunteer Fire Department ($420k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $1.4m against liabilities of $71k, net assets of $1.3m.