West Colesville Fire Company Inc

Analysis

West Colesville Fire Company Inc is a registered charity in United States, based in Binghamton, NY. It received its IRS tax-exemption ruling in July 2014, 12 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, West Colesville Fire Company Inc reported income of $124k and spending of $82k, leaving 34% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $154k to $124k (-19%), an average of -19% a year. The sharpest change came in the year to December 2023, when income dropped by 19%. Over the whole period it spent 68% 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, West Colesville Fire Company Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 41st percentile within NY. Charities of a similar size with the same main cause include Belle Vernon Volunteer Fire Department ($124k), Amboy Volunteer Fire Company Inc ($125k) and Addison Vol Fire Dept ($124k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $458k against liabilities of $2,934, net assets of $455k.