Brooklin Volunteer Fire Company

Analysis

Brooklin Volunteer Fire Company is a registered charity in United States, based in Brooklin, ME. It received its IRS tax-exemption ruling in March 1972, 54 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 December 2023, Brooklin Volunteer Fire Company reported income of $142k and spending of $38k, leaving 74% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $195k to $142k (-27%), an average of -27% a year. The sharpest change came in the year to December 2023, when income dropped by 27%. Over the whole period it spent 49% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Brooklin Volunteer Fire Company sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 39th percentile within ME. Charities of a similar size with the same main cause include Association of School Business Officials International ($142k), Episcopal Theological School at Claremont Bloy House ($142k) and Somerset-Pulaski County Humane Society Inc ($142k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $483k against liabilities of $0, net assets of $483k.