Williamson Fire Company No 1

Analysis

Williamson Fire Company No 1 is a registered charity in United States, based in Williamson, NY. It received its IRS tax-exemption ruling in September 2009, 17 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, Williamson Fire Company No 1 reported income of $62k and spending of $57k, spending 92% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $52k to $62k (+18%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 18%. Over the whole period it spent 96% 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, Williamson Fire Company No 1 sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 26th percentile within NY. Charities of a similar size with the same main cause include Cypress Lakes Volunteer Fire Department ($62k), Friends of Eastport Volunteer Fire Company ($62k) and Austonio Volunteer Fire Department ($62k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 53% of the total. At year end it held assets of $191k against liabilities of $23, net assets of $191k.