Wolcott State Fire Training School Inc

Analysis

Wolcott State Fire Training School Inc is a registered charity in United States, based in Wolcott, CT. It received its IRS tax-exemption ruling in February 2014, 12 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 2024, Wolcott State Fire Training School Inc reported income of $249k and spending of $200k, spending 80% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $215k to $249k (+16%), an average of +3.0% a year. The sharpest change came in the year to June 2024, when income rose by 29%. Over the whole period it spent 87% 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, Wolcott State Fire Training School Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 55th percentile within CT. Charities of a similar size with the same main cause include Family Assistance Education & Research Foundation Inc ($249k), Ghent Volunteer Fire Company 1 Inc ($249k) and J U G a Volunteer Fire Department ($249k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 69% and program service revenue 30% of the total. Other salaries and wages came to $87k. At year end it held assets of $193k against liabilities of $400, net assets of $193k. It reported 35 employees.