Collinsville Volunteer Fire Department Incorporated

Analysis

Collinsville Volunteer Fire Department Incorporated is a registered charity in United States, based in Collinsville, CT. It received its IRS tax-exemption ruling in August 1986, 40 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 June 2023, Collinsville Volunteer Fire Department Incorporated reported income of $130k and spending of $93k, leaving 29% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $76k to $130k (+71%), an average of +71% a year. The sharpest change came in the year to June 2023, when income rose by 71%. Over the whole period it spent 71% 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, Collinsville Volunteer Fire Department Incorporated sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 42nd percentile within CT. Charities of a similar size with the same main cause include Jefferson Township Pike Co Indiana Volunteer Fire Department ($130k), Resilient Power Puerto Rico Inc ($130k) and Flying W Ranch Foundation ($130k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 45% of the total. At year end it held assets of $421k against liabilities of $8,266, net assets of $412k.