Wilson Fire Volunteer Co No 1 Inc

Analysis

Wilson Fire Volunteer Co No 1 Inc is a registered charity in United States, based in Wilson, NY. It received its IRS tax-exemption ruling in October 1970, 56 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 October 2023, Wilson Fire Volunteer Co No 1 Inc reported income of $465k and spending of $319k, leaving 31% of income unspent that year. Across the 5 years on record, from October 2019 to October 2023, income grew from $410k to $465k (+13%), an average of +3.2% a year. The sharpest change came in the year to October 2022, when income rose by 27%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Wilson Fire Volunteer Co No 1 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 65th percentile within NY. Charities of a similar size with the same main cause include Arrow Leadership International Ministries ($465k), Leadership Ministries Inc ($465k) and Union City Elderly & Handicapped Association ($465k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 11% and program service revenue 68% of the total. At year end it held assets of $3.4m against liabilities of $59k, net assets of $3.3m.