South Line Volunteer Fire Company Inc

Analysis

South Line Volunteer Fire Company Inc is a registered charity in United States, based in Cheektowaga, NY. It received its IRS tax-exemption ruling in March 2006, 20 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, South Line Volunteer Fire Company Inc reported income of $141k and spending of $144k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $134k to $141k (+5.4%), an average of +1.3% a year. The sharpest change came in the year to December 2022, when income rose by 37%. Over the whole period it spent 111% 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, South Line Volunteer Fire Company Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 44th percentile within NY. Charities of a similar size with the same main cause include South Byron Volunteer Fire Company Inc ($141k), Lebanon Fire Department of Berkeley County ($141k) and Nevada County Sheriffs Search & Rescue Inc ($141k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 53% of the total. Other salaries and wages came to $5,300. At year end it held assets of $151k against liabilities of $0, net assets of $151k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.