The Falls Village Volunteer Fire Department Incorporated

Analysis

The Falls Village Volunteer Fire Department Incorporated is a registered charity in United States, based in Falls Village, CT. It received its IRS tax-exemption ruling in March 2004, 22 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, The Falls Village Volunteer Fire Department Incorporated reported income of $118k and spending of $116k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $99k to $118k (+19%), an average of +4.4% a year. The sharpest change came in the year to December 2022, when income rose by 275%. Over the whole period it spent 60% 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, The Falls Village Volunteer Fire Department Incorporated sits at the 43rd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 39th percentile within CT. Charities of a similar size with the same main cause include Willow Grove Volunteer Fire Co 1 ($117k), Mount Hope Fire Co No 1 ($118k) and Friends of the Bethlehem Mounted Police ($117k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 61% and program service revenue 24% of the total. At year end it held assets of $2.0m against liabilities of $0, net assets of $2.0m.