Fredonia Volunteer Fire Department Inc

Analysis

Fredonia Volunteer Fire Department Inc is a registered charity in United States, based in Fredonia, NY. It received its IRS tax-exemption ruling in March 1995, 31 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 April 2023, Fredonia Volunteer Fire Department Inc reported income of $497k and spending of $540k, spending 109% of what it took in. Across the 4 years on record, from April 2020 to April 2023, income grew from $210k to $497k (+136%), an average of +33% a year. The sharpest change came in the year to April 2023, when income rose by 122%. 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, Fredonia Volunteer Fire Department Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 66th percentile within NY. Charities of a similar size with the same main cause include Cornwells Fire Company-1 ($497k), Berlin Area Ambulance Assn Inc ($497k) and Chatham Rescue Squad ($496k).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 90% of the total. Compensation of current officers, directors and key employees was $14k (2.6% of expenses). At year end it held assets of $965k against liabilities of $4,605, net assets of $960k. It reported 4 employees.