Springwater Fire Department Inc

Analysis

Springwater Fire Department Inc is a registered charity in United States, based in Springwater, NY. It received its IRS tax-exemption ruling in May 2006, 20 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, Springwater Fire Department Inc reported income of $50k and spending of $19k, leaving 63% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $55k to $50k (-7.8%), an average of -7.8% a year. Over the whole period it spent 37% 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, Springwater Fire Department Inc sits at the 18th percentile: it is larger than about 18% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 22nd percentile within NY. Charities of a similar size with the same main cause include White Lake Fire Company Inc ($50k), North Mountain Volunteer Fire Company ($50k) and Chelan County Fire District No 3 Volunteer Firefighters Association ($50k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 1.2% and program service revenue 60% of the total. At year end it held assets of $300k against liabilities of $0, net assets of $300k.