Armonk Independent Fire Company Inc

Analysis

Armonk Independent Fire Company Inc is a registered charity in United States, based in Armonk, NY. It received its IRS tax-exemption ruling in March 2018, 8 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, Armonk Independent Fire Company Inc reported income of $228k and spending of $215k, spending 94% of its income. Across the 5 years on record, from March 2020 to December 2023, income grew from $165k to $228k (+38%), an average of +8.3% a year. The sharpest change came in the year to December 2021, when income rose by 16%. Over the whole period it spent 95% 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, Armonk Independent Fire Company Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 54th percentile within NY. Charities of a similar size with the same main cause include Cassie Volunteer Fire Department Emergency Medical Services Inc ($228k), Anthon Community Fire Department ($228k) and East Howellsville Volunteer Fire Department Inc ($228k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 27% and program service revenue 72% of the total. At year end it held assets of $186k against liabilities of $0, net assets of $186k.