Northpole Fire Company Inc

Analysis

Northpole Fire Company Inc is a registered charity in United States, based in Watertown, NY. It received its IRS tax-exemption ruling in March 2010, 16 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2023, Northpole Fire Company Inc reported income of $262k and spending of $315k, spending 120% of what it took in. Across the 4 years on record, from March 2020 to March 2023, income grew from $215k to $262k (+22%), an average of +6.7% a year. The sharpest change came in the year to March 2022, when income rose by 16%. Over the whole period it spent 79% 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, Northpole Fire Company Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 56th percentile within NY. Charities of a similar size with the same main cause include Safe Ride Foundation ($262k), Woodlawn Fire Department ($262k) and Syosset Fire Department Inc ($262k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 52% of the total. At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m.