Saint Michaels College Fire and Rescue Inc

Analysis

Saint Michaels College Fire and Rescue Inc is a registered charity in United States, based in Colchester, VT. It received its IRS tax-exemption ruling in May 2005, 21 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 June 2023, Saint Michaels College Fire and Rescue Inc reported income of $953k and spending of $974k, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $748k to $953k (+27%), an average of +6.2% a year. The sharpest change came in the year to June 2021, when income rose by 18%. Over the whole period it spent 92% 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, Saint Michaels College Fire and Rescue Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 76th percentile within VT. Charities of a similar size with the same main cause include Abate of North Dakota ($952k), No Boundaries International Inc ($953k) and Lake Monticello Volunteer Fire & Rescue Squad Inc ($951k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.0% and program service revenue 94% of the total. Other salaries and wages came to $170k. At year end it held assets of $3.6m against liabilities of $94k, net assets of $3.5m.