Croft Corners Fire Company Inc

Analysis

Croft Corners Fire Company Inc is a registered charity in United States, based in Poughkeepsie, NY. It received its IRS tax-exemption ruling in January 1996, 30 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, Croft Corners Fire Company Inc reported income of $64k and spending of $116k, spending 182% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $62k to $64k (+3.2%), an average of +0.8% a year. The sharpest change came in the year to December 2020, when income rose by 181%. Over the whole period it spent 54% 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, Croft Corners Fire Company Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 26th percentile within NY. Charities of a similar size with the same main cause include Celina Volunteer Fire Department ($64k), Jessup Hose Company No 1 ($64k) and Dunellen Defender Fire Company No 1 ($64k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 27% and program service revenue 6.2% of the total. At year end it held assets of $586k against liabilities of $0, net assets of $586k.