Hermon Volunteer Fire Department Inc

Analysis

Hermon Volunteer Fire Department Inc is a registered charity in United States, based in Hermon, NY. It received its IRS tax-exemption ruling in August 2016, 10 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, Hermon Volunteer Fire Department Inc reported income of $177k and spending of $199k, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $197k to $177k (-10%), an average of -2.7% a year. Over the whole period it spent 98% 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, Hermon Volunteer Fire Department Inc sits at the 57th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 49th percentile within NY. Charities of a similar size with the same main cause include Colman Fire & Rescue Inc ($177k), Cascade Community Volunteer Fire Department ($177k) and Hegins Valley Fire Rescue ($177k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.3% and program service revenue 86% of the total. At year end it held assets of $1.1m against liabilities of $655k, net assets of $409k.