Albion Fire Department Inc

Analysis

Albion Fire Department Inc is a registered charity in United States, based in Albion, NY. It received its IRS tax-exemption ruling in July 2006, 20 years ago. 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 April 2024, Albion Fire Department Inc reported income of $88k and spending of $91k, spending 104% of its income. Across the 2 years on record, from April 2023 to April 2024, income grew from $86k to $88k (+2.0%), an average of +2.0% a year. Over the whole period it spent 77% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Albion Fire Department Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 33rd percentile within NY. Charities of a similar size with the same main cause include Keys to Freedom Ministries Inc ($88k), Coronado Residences Inc ($88k) and Merrill Historical Society Inc ($88k).

On its Form 990-EZ for the period ending April 2024, revenue came from contributions and grants 41% and program service revenue 49% of the total. At year end it held assets of $244k against liabilities of $9,763, net assets of $234k.