Stonington Volunteer Fire Company

Analysis

Stonington Volunteer Fire Company is a registered charity in United States, based in Sunbury, PA. It received its IRS tax-exemption ruling in February 2020, 6 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, Stonington Volunteer Fire Company reported income of $90k and spending of $53k, leaving 41% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $81k to $90k (+11%), an average of +2.7% a year. The sharpest change came in the year to December 2020, when income rose by 33%. Over the whole period it spent 52% 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, Stonington Volunteer Fire Company sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 32nd percentile within PA. Charities of a similar size with the same main cause include Kalamazoo County Fire Chiefs Association ($90k), Friends of Tampa Firefighters Inc ($90k) and Cambridge Springs Vol Fire Dept Relief Assoc ($90k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $400 (0.8% of expenses). At year end it held assets of $1.7m against liabilities of $66k, net assets of $1.6m.