Grand Isle Volunteer Fire Department Inc

Analysis

Grand Isle Volunteer Fire Department Inc is a registered charity in United States, based in Grand Isle, VT. It received its IRS tax-exemption ruling in August 1972, 54 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, Grand Isle Volunteer Fire Department Inc reported income of $148k and spending of $95k, leaving 36% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $360k to $148k (-59%), an average of -20% a year. The sharpest change came in the year to June 2020, when income dropped by 71%. Over the whole period it spent 83% 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, Grand Isle Volunteer Fire Department Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 37th percentile within VT. Charities of a similar size with the same main cause include Hope with Love ($148k), Wyoming Hook and Ladder Company No 1 of Wyoming N Y ($148k) and St Thomas Rescue Inc ($148k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $623k against liabilities of $19k, net assets of $604k.