Twin District Volunteer Fire Company Inc

Analysis

Twin District Volunteer Fire Company Inc is a registered charity in United States, based in Lancaster, NY. It received its IRS tax-exemption ruling in May 1995, 31 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 December 2023, Twin District Volunteer Fire Company Inc reported income of $1.2m and spending of $1.3m, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.2m (+6.1%), an average of +1.5% a year. The sharpest change came in the year to December 2022, when income rose by 34%. 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, Twin District Volunteer Fire Company Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 78th percentile within NY. Charities of a similar size with the same main cause include Association for the Advancement of Automotive Medicine Inc ($1.2m), Clarence Center Volunteer Fire Co Inc ($1.2m) and Cajun Relief Foundation Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.3% and program service revenue 91% of the total. At year end it held assets of $5.9m against liabilities of $449k, net assets of $5.5m.