Clarence Center Volunteer Fire Co Inc

Analysis

Clarence Center Volunteer Fire Co Inc is a registered charity in United States, based in Clarence Ctr, NY. It received its IRS tax-exemption ruling in February 2001, 25 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 2024, Clarence Center Volunteer Fire Co Inc reported income of $1.2m and spending of $1.1m, spending 88% of its income. Across the 5 years on record, from March 2020 to March 2024, income grew from $1.1m to $1.2m (+14%), an average of +3.2% a year. Over the whole period it spent 85% 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, Clarence Center Volunteer Fire Co Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 78th percentile within NY. Charities of a similar size with the same main cause include Twin District Volunteer Fire Company Inc ($1.2m), Spikes K9 Fund ($1.2m) and Association for the Advancement of Automotive Medicine Inc ($1.2m).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 8.8% and program service revenue 77% of the total. At year end it held assets of $6.5m against liabilities of $687k, net assets of $5.8m.