Gainesville Fire Department Inc

Analysis

Gainesville Fire Department Inc is a registered charity in United States, based in Gainesville, NY. It received its IRS tax-exemption ruling in March 2002, 24 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 April 2024, Gainesville Fire Department Inc reported income of $65k and spending of $66k, spending 102% of its income. Across the 2 years on record, from April 2023 to April 2024, income grew from $52k to $65k (+25%), an average of +24% a year. The sharpest change came in the year to April 2024, when income rose by 25%. Over the whole period it spent 119% 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, Gainesville Fire Department Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 27th percentile within NY. Charities of a similar size with the same main cause include Christiansburg Volunteer Fire Department Inc ($65k), Red Oak Volunteer Fire & Rescue ($65k) and Mill Plain Indepentdent Hose Co 12 ($64k).

On its Form 990-EZ for the period ending April 2024, revenue came from contributions and grants 52% and program service revenue 5.9% of the total. At year end it held assets of $346k against liabilities of $36k, net assets of $310k.