Eden Volunteer Fire Company 1 Inc

Analysis

Eden Volunteer Fire Company 1 Inc is a registered charity in United States, based in Eden, NY. It received its IRS tax-exemption ruling in June 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, Eden Volunteer Fire Company 1 Inc reported income of $115k and spending of $128k, spending 111% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $98k to $115k (+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 88% 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, Eden Volunteer Fire Company 1 Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 39th percentile within NY. Charities of a similar size with the same main cause include Boones Mill Volunteer Fire Department Inc ($115k), Rices Landing Volunteer Fire Department Inc ($115k) and Cavalier County Search and Rescue ($115k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 4.5% and program service revenue 30% of the total. At year end it held assets of $379k against liabilities of $1,945, net assets of $377k.