Cooperstown Fire Department Inc

Analysis

Cooperstown Fire Department Inc is a registered charity in United States, based in Cooperstown, NY. It received its IRS tax-exemption ruling in June 2020, 6 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, Cooperstown Fire Department Inc reported income of $60k and spending of $37k, leaving 37% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income fell from $105k to $60k (-43%), an average of -17% a year. The sharpest change came in the year to December 2021, when income dropped by 30%. Over the whole period it spent 62% 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, Cooperstown Fire Department Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 25th percentile within NY. Charities of a similar size with the same main cause include Maplewood Community Volunteer Fire Company ($60k), Butte County Firefighters Burn Andbenevolent Fund ($60k) and Chesterfield Township Fire Department ($60k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% of the total. At year end it held assets of $453k against liabilities of $0, net assets of $453k.