Cato Volunteer Fire Department

Analysis

Cato Volunteer Fire Department is a registered charity in United States, based in Cato, NY. It received its IRS tax-exemption ruling in August 2000, 26 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Cato Volunteer Fire Department reported income of $180k and spending of $150k, spending 83% of its income. Across the 5 years on record, from March 2020 to March 2024, income grew from $159k to $180k (+14%), an average of +3.2% a year. The sharpest change came in the year to March 2022, when income rose by 208%. Over the whole period it spent 79% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Cato Volunteer Fire Department sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 49th percentile within NY. Charities of a similar size with the same main cause include Bakersfield Arc Foundation ($180k), Care Net Pregnancy Resources of Warren County Inc ($180k) and Kendal on Hudson Charitable Fund ($180k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 9.3% and program service revenue 84% of the total. At year end it held assets of $664k against liabilities of $135k, net assets of $529k.