Caughdenoy Volunteer Fire Department Inc

Analysis

Caughdenoy Volunteer Fire Department Inc is a registered charity in United States, based in Central SQ, NY. It received its IRS tax-exemption ruling in January 2010, 16 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 March 2023, Caughdenoy Volunteer Fire Department Inc reported income of $546k and spending of $466k, spending 86% of its income. Across the 5 years on record, from March 2019 to March 2023, income fell from $579k to $546k (-5.8%), an average of -1.5% a year. The sharpest change came in the year to March 2023, when income rose by 49%. Over the whole period it spent 101% 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, Caughdenoy Volunteer Fire Department Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 67th percentile within NY. Charities of a similar size with the same main cause include Lucia River-Bend Volunteer Fire Department Inc ($545k), International Paper Company Employee Relief Fund ($546k) and West End Fire Company of Brodheadsville Pa ($545k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 1.3% and program service revenue 63% of the total. At year end it held assets of $3.7m against liabilities of $323k, net assets of $3.4m.