W Thompson Independent Fire Association 1 Inc

Analysis

W Thompson Independent Fire Association 1 Inc is a registered charity in United States, based in N Grosvenordl, CT. It received its IRS tax-exemption ruling in March 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 2024, W Thompson Independent Fire Association 1 Inc reported income of $79k and spending of $49k, leaving 38% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $62k to $79k (+27%), an average of +4.9% a year. Over the whole period it spent 146% 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, W Thompson Independent Fire Association 1 Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 28th percentile within CT. Charities of a similar size with the same main cause include Monterey Volunteer Fire Department ($79k), McKinley Heights Mutual Benefit Association ($79k) and Better Ohio Teen Drivers Inc ($79k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 97% and program service revenue 0.8% of the total. At year end it held assets of $64k against liabilities of $221k, net assets of -$157k.