Volunteer Fire Department of New Fairfield Inc

Analysis

Volunteer Fire Department of New Fairfield Inc is a registered charity in United States, based in New Fairfield, CT. It received its IRS tax-exemption ruling in October 1984, 42 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 June 2023, Volunteer Fire Department of New Fairfield Inc reported income of $497k and spending of $588k, spending 118% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $486k to $497k (+2.3%), an average of +0.6% a year. 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, Volunteer Fire Department of New Fairfield Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 68th percentile within CT. Charities of a similar size with the same main cause include Nami Rochester Ny Inc ($497k), Kizuna Little Tokyo Inc ($497k) and Mount Pleasant Now Development Corporation ($497k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 19% and program service revenue 72% of the total. At year end it held assets of $1.2m against liabilities of $71k, net assets of $1.2m.