Boonville Fire Company Inc

Analysis

Boonville Fire Company Inc is a registered charity in United States, based in Boonville, NY. It received its IRS tax-exemption ruling in November 2022, 4 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 2022, Boonville Fire Company Inc reported income of $63k and spending of $38k, leaving 39% of income unspent that year. Across the 3 years on record, from March 2016 to March 2022, income fell from $81k to $63k (-23%), an average of -12% a year. The sharpest change came in the year to March 2021, when income dropped by 21%. Over the whole period it spent 36% 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, Boonville Fire Company Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 26th percentile within NY. Charities of a similar size with the same main cause include Worchester Hose Company Inc ($63k), Wayne Township Firemens Relief Association ($63k) and Arizona Search Dogs Inc ($63k).

On its Form 990-EZ for the period ending March 2022, revenue came from contributions and grants 70% of the total. At year end it held assets of $486k against liabilities of $414k, net assets of $72k.