Chaumont Volunteer Fire Department

Analysis

Chaumont Volunteer Fire Department is a registered charity in United States, based in Chaumont, NY. It received its IRS tax-exemption ruling in August 2023, 3 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, Chaumont Volunteer Fire Department reported income of $188k and spending of $208k, spending 111% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $248k to $188k (-24%), an average of -24% a year. The sharpest change came in the year to December 2023, when income dropped by 24%. Over the whole period it spent 85% 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, Chaumont Volunteer Fire Department sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 50th percentile within NY. Charities of a similar size with the same main cause include Main Harts Creek Volunteer Fire Department ($188k), Moulton Fire Department ($188k) and Stilesville Volunteer Fire & Rescue ($188k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 9.0% and program service revenue 64% of the total. At year end it held assets of $162k against liabilities of $0, net assets of $162k.