Waterloo Vol Fire Co Inc

Analysis

Waterloo Vol Fire Co Inc is a registered charity in United States, based in Waterloo, NY. It received its IRS tax-exemption ruling in June 1993, 33 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, Waterloo Vol Fire Co Inc reported income of $263k and spending of $247k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $112k to $263k (+134%), an average of +134% a year. The sharpest change came in the year to December 2023, when income rose by 134%. 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, Waterloo Vol Fire Co Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 56th percentile within NY. Charities of a similar size with the same main cause include The Ebony Volunteer Fire Department ($263k), Williamstown Volunteer Fire Company Inc ($263k) and Newburg-Hopewell Volunteer Fire Company ($263k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 93% of the total. At year end it held assets of $455k against liabilities of $0, net assets of $455k.