Town of Westerlo Volunteer Fire Company Inc

Analysis

Town of Westerlo Volunteer Fire Company Inc is a registered charity in United States, based in Westerlo, NY. It received its IRS tax-exemption ruling in October 1998, 28 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, Town of Westerlo Volunteer Fire Company Inc reported income of $286k and spending of $340k, spending 119% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $290k to $286k (-1.3%), an average of -0.3% a year. 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, Town of Westerlo Volunteer Fire Company Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 58th percentile within NY. Charities of a similar size with the same main cause include Every Baby Guilford Inc ($286k), Evans Cross Road Voluntary Fire Department Inc ($287k) and Watauga Volunteer Fire Department 8038-G ($286k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% of the total. At year end it held assets of $1.4m against liabilities of $122k, net assets of $1.3m.