Brunswick Fire Company No I Inc

Analysis

Brunswick Fire Company No I Inc is a registered charity in United States, based in Troy, NY. It received its IRS tax-exemption ruling in August 1980, 46 years ago. 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, Brunswick Fire Company No I Inc reported income of $623k and spending of $501k, spending 80% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $558k to $623k (+12%), an average of +2.8% a year. The sharpest change came in the year to December 2021, when income rose by 32%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Brunswick Fire Company No I Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 69th percentile within NY. Charities of a similar size with the same main cause include Community Budget Center of Craig ($623k), Sean Humphrey House a Non-Profit Corporation ($623k) and Sedona Adult Community Center Inc ($623k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% of the total. Compensation of current officers, directors and key employees was $12k (2.5% of expenses). At year end it held assets of $2.1m against liabilities of $93k, net assets of $2.0m.