Boston Volunteer Fire Company

Analysis

Boston Volunteer Fire Company is a registered charity in United States, based in Boston, NY. It received its IRS tax-exemption ruling in November 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 (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, Boston Volunteer Fire Company reported income of $296k and spending of $232k, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $251k to $296k (+18%), an average of +4.2% a year. Over the whole period it spent 92% 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, Boston Volunteer Fire Company sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 58th percentile within NY. Charities of a similar size with the same main cause include Johnson City Volunteer Fire Department Inc ($296k), Pekin Fire Company Inc ($296k) and Schuyler County Volunteer Ambulance Assn Inc ($296k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.3% and program service revenue 78% of the total. At year end it held assets of $1.9m against liabilities of $195k, net assets of $1.7m.