Hannibal Fire Company

Analysis

Hannibal Fire Company is a registered charity in United States, based in Hannibal, NY. It received its IRS tax-exemption ruling in May 2000, 26 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 March 2024, Hannibal Fire Company reported income of $1.1m and spending of $451k, leaving 59% of income unspent that year. Across the 5 years on record, from March 2020 to March 2024, income grew from $587k to $1.1m (+86%), an average of +17% a year. The sharpest change came in the year to March 2024, when income rose by 134%. Over the whole period it spent 67% 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, Hannibal Fire Company sits at the 93rd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 76th percentile within NY. Charities of a similar size with the same main cause include Global Gaming Women Charitable Education Fund ($1.1m), Bushnell Basin Fire Association Inc ($1.1m) and New Kingstown Fire Company ($1.1m).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 8.2% and program service revenue 43% of the total. At year end it held assets of $2.7m against liabilities of $370k, net assets of $2.4m.