Bridgeport Volunteer Fire Department

Analysis

Bridgeport Volunteer Fire Department is a registered charity in United States, based in Bridgeport, NY. It received its IRS tax-exemption ruling in August 2022, 4 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, Bridgeport Volunteer Fire Department reported income of $171k and spending of $176k, spending 103% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $149k to $171k (+15%), an average of +7.1% a year. Over the whole period it spent 102% 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, Bridgeport Volunteer Fire Department sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 48th percentile within NY. Charities of a similar size with the same main cause include Friends of the West Lampeter Township Police Department ($171k), Hamilton Volunteer Fire Department ($171k) and Midway Volunteer Fire Department of Washington County ($171k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.1% and program service revenue 74% of the total. At year end it held assets of $1.2m against liabilities of $324k, net assets of $886k.