Mexico Volunteer Fire Department Inc

Analysis

Mexico Volunteer Fire Department Inc is a registered charity in United States, based in Mexico, NY. It received its IRS tax-exemption ruling in January 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 March 2023, Mexico Volunteer Fire Department Inc reported income of $476k and spending of $457k, spending 96% of its income. Across the 4 years on record, from March 2020 to March 2023, income grew from $455k to $476k (+4.7%), an average of +1.5% a year. The sharpest change came in the year to March 2023, when income rose by 22%. 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, Mexico Volunteer Fire Department Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 65th percentile within NY. Charities of a similar size with the same main cause include Coudersport Volunteer Ambulance Association ($476k), Apalachin Fire Department Inc ($477k) and Winterville Rescue and Ems Inc ($475k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 2.1% and program service revenue 57% of the total. At year end it held assets of $2.2m against liabilities of $330k, net assets of $1.9m.