Potter Volunteer Fire Dept Inc

Analysis

Potter Volunteer Fire Dept Inc is a registered charity in United States, based in Middlesex, NY. It received its IRS tax-exemption ruling in July 1986, 40 years ago. 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 February 2024, Potter Volunteer Fire Dept Inc reported income of $92k and spending of $95k, spending 104% of its income. Across the 4 years on record, from February 2020 to February 2024, income grew from $86k to $92k (+7.0%), an average of +2.3% a year. The sharpest change came in the year to February 2021, when income rose by 29%. Over the whole period it spent 64% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Potter Volunteer Fire Dept Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 34th percentile within NY. Charities of a similar size with the same main cause include Helping Our Pupils Excel NH Inc ($92k), Des Moines Choral Society ($92k) and PTA Colorado Congress ($92k).

On its Form 990-EZ for the period ending February 2024, revenue came from contributions and grants 1.0% and program service revenue 85% of the total. At year end it held assets of $470k against liabilities of $5,000, net assets of $465k.