Newfield Fire Company Inc

Analysis

Newfield Fire Company Inc is a registered charity in United States, based in Newfield, NY. It received its IRS tax-exemption ruling in September 2002, 24 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, Newfield Fire Company Inc reported income of $469k and spending of $269k, leaving 43% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $420k to $469k (+12%), an average of +2.8% a year. Over the whole period it spent 62% 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, Newfield Fire Company Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 65th percentile within NY. Charities of a similar size with the same main cause include Postal Employees Relief Fund ($468k), Hospital Foundation of Decatur Co Inc ($469k) and Fire District No28 Inc ($468k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 2.2% of the total. At year end it held assets of $3.2m against liabilities of $645, net assets of $3.2m.