Bethany Volunteer Firemans Association Inc

Analysis

Bethany Volunteer Firemans Association Inc is a registered charity in United States, based in Bethany, CT. It received its IRS tax-exemption ruling in April 1991, 35 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 June 2023, Bethany Volunteer Firemans Association Inc reported income of $462k and spending of $404k, spending 87% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $360k to $462k (+28%), an average of +6.5% a year. The sharpest change came in the year to June 2022, when income rose by 27%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Bethany Volunteer Firemans Association Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 66th percentile within CT. Charities of a similar size with the same main cause include Lamesa Boys and Girls Club Inc ($462k), All Seniors Foundation ($462k) and Midland Global Strategies ($462k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 54% and program service revenue 46% of the total. Compensation of current officers, directors and key employees was $12k (3.0% of expenses). At year end it held assets of $317k against liabilities of $100, net assets of $317k. It reported 1 employees.