Chesterfield Fire Co Inc

Analysis

Chesterfield Fire Co Inc is a registered charity in United States, based in Chesterfield, CT. It received its IRS tax-exemption ruling in September 2017, 9 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 June 2023, Chesterfield Fire Co Inc reported income of $279k and spending of $230k, spending 82% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $209k to $279k (+34%), an average of +10% a year. The sharpest change came in the year to June 2023, when income rose by 26%. Over the whole period it spent 98% 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, Chesterfield Fire Co Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 58th percentile within CT. Charities of a similar size with the same main cause include Webster Volunteer Fire Department Inc ($279k), Melville Volunteer Fire Dept Inc ($279k) and Parish Vol Fire Co Inc ($279k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 40% and program service revenue 30% of the total. At year end it held assets of $903k against liabilities of $282k, net assets of $621k.