Varysburg Fire Department

Analysis

Varysburg Fire Department is a registered charity in United States, based in Varysburg, NY. It received its IRS tax-exemption ruling in July 2016, 10 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Varysburg Fire Department reported income of $55k and spending of $57k, spending 105% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $79k to $55k (-31%), an average of -8.7% a year. The sharpest change came in the year to December 2022, when income rose by 64%. Over the whole period it spent 90% 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, Varysburg Fire Department sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 23rd percentile within NY. Charities of a similar size with the same main cause include Belgium Cold Springs Fire Department Inc ($55k), Pennington County Search and Rescue Team ($55k) and Hamburg Volunteer Firemans Relief Association ($55k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% of the total. At year end it held assets of $500k against liabilities of $64k, net assets of $436k.