Waterville Fire Department Inc

Analysis

Waterville Fire Department Inc is a registered charity in United States, based in Waterville, NY. It received its IRS tax-exemption ruling in October 2010, 16 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 March 2024, Waterville Fire Department Inc reported income of $84k and spending of $72k, spending 86% of its income. Across the 3 years on record, from March 2022 to March 2024, income grew from $34k to $84k (+143%), an average of +56% a year. The sharpest change came in the year to March 2024, when income rose by 142%. 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, Waterville Fire Department Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 32nd percentile within NY. Charities of a similar size with the same main cause include Pine Snag-Lobo Fire Association Inc ($84k), Welcome Lake Fire and Rescue Inc ($84k) and Fincastle Volunteer Fire Department Inc ($84k).

On its Form 990-EZ for the period ending March 2024, revenue came from contributions and grants 28% of the total. At year end it held assets of $143k against liabilities of $0, net assets of $143k.