Ellwood Volunteer Fire Co No 1

Analysis

Ellwood Volunteer Fire Co No 1 is a registered charity in United States, based in Buffalo, NY. It received its IRS tax-exemption ruling in March 1998, 28 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Ellwood Volunteer Fire Co No 1 reported income of $62k and spending of $111k, spending 180% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $64k to $62k (-3.6%), an average of -1.8% a year. The sharpest change came in the year to December 2023, when income dropped by 16%. Over the whole period it spent 122% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ellwood Volunteer Fire Co No 1 sits at the 21st percentile: it is larger than about 21% 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 Father Kims Street Ministry of St James ($62k), Harry Chapin Memorial Run Against Hunger ($62k) and University Community Ministries Inc ($62k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $143k against liabilities of $0, net assets of $143k.