Chenango Fire Company Inc

Analysis

Chenango Fire Company Inc is a registered charity in United States, based in Binghamton, NY. It received its IRS tax-exemption ruling in August 2026. 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 December 2023, Chenango Fire Company Inc reported income of $906k and spending of $544k, leaving 40% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $439k to $906k (+106%), an average of +20% a year. The sharpest change came in the year to December 2023, when income rose by 75%. Over the whole period it spent 91% 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 Fire Company Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 74th percentile within NY. Charities of a similar size with the same main cause include Wintergarden Womens Shelter Inc ($903k), Potsdam Volunteer Rescue Squad Inc ($906k) and Twin Lakes Volunteer Fire Department and Rescue Squad ($902k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.5% and program service revenue 47% of the total. At year end it held assets of $3.7m against liabilities of $777k, net assets of $2.9m.