Brookfield Volunteer Fire Department Candlewood Company Inco

Analysis

Brookfield Volunteer Fire Department Candlewood Company Inco is a registered charity in United States, based in Brookfield, CT. It received its IRS tax-exemption ruling in June 1973, 53 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, Brookfield Volunteer Fire Department Candlewood Company Inco reported income of $310k and spending of $401k, spending 129% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $313k to $310k (-1.1%), an average of -0.3% a year. The sharpest change came in the year to June 2022, when income rose by 178%. Over the whole period it spent 69% 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, Brookfield Volunteer Fire Department Candlewood Company Inco sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 60th percentile within CT. Charities of a similar size with the same main cause include Riviera Beach Volunteer Fire Co Inc ($310k), Livable Streets Transportation Alliance of Boston Inc ($310k) and Lumberland Volunteer Fire Dept ($310k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% and program service revenue 1.3% of the total. At year end it held assets of $1.9m against liabilities of $5,542, net assets of $1.9m.