Horicon Fire Department Inc

Analysis

Horicon Fire Department Inc is a registered charity in United States, based in Brant Lake, NY. It received its IRS tax-exemption ruling in February 2011, 15 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, Horicon Fire Department Inc reported income of $357k and spending of $142k, leaving 60% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $230k to $357k (+55%), an average of +12% a year. The sharpest change came in the year to December 2020, when income rose by 20%. Over the whole period it spent 57% 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, Horicon Fire Department Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 61st percentile within NY. Charities of a similar size with the same main cause include Kaufman Volunteer Fire Department ($357k), Vienna Volunteer Fire Company ($357k) and Millingport Volunteer Fire Department Inc ($357k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 3.4% of the total. At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m.