Farmington Volunteer Fire Association Inc

Analysis

Farmington Volunteer Fire Association Inc is a registered charity in United States, based in Farmington, NY. It received its IRS tax-exemption ruling in July 1993, 33 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, Farmington Volunteer Fire Association Inc reported income of $1.0m and spending of $743k, leaving 27% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $806k to $1.0m (+27%), an average of +6.1% a year. The sharpest change came in the year to December 2023, when income rose by 21%. Over the whole period it spent 75% 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, Farmington Volunteer Fire Association Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 76th percentile within NY. Charities of a similar size with the same main cause include Blounts Creek Volunteer Fire Department Inc ($1.0m), Hatzolah of Mill Basin-Canarsie Inc ($1.0m) and Idlewild Volunteer Fire Department Incorporated ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 70% of the total. At year end it held assets of $4.7m against liabilities of $244k, net assets of $4.4m.