Riverside Volunteer Fire Department Inc

Analysis

Riverside Volunteer Fire Department Inc is a registered charity in United States, based in Riparius, NY. It received its IRS tax-exemption ruling in September 2007, 19 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, Riverside Volunteer Fire Department Inc reported income of $124k and spending of $373k, spending 301% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $97k to $124k (+27%), an average of +27% a year. The sharpest change came in the year to December 2023, when income rose by 27%. Over the whole period it spent 193% 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, Riverside Volunteer Fire Department Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 41st percentile within NY. Charities of a similar size with the same main cause include Wisconsin Airport Management Associates Inc ($124k), The East Bethel Firemens Relief Association ($124k) and Floyd Community Volunteer Firedepartment Incorporated ($124k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 8.2% and program service revenue 52% of the total. At year end it held assets of $295k against liabilities of $100k, net assets of $195k.