Speedsville Volunteer Fire Company Inc

Analysis

Speedsville Volunteer Fire Company Inc is a registered charity in United States, based in Berkshire, NY. It received its IRS tax-exemption ruling in June 2004, 22 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, Speedsville Volunteer Fire Company Inc reported income of $93k and spending of $43k, leaving 54% of income unspent that year. Across the 3 years on record, from December 2019 to December 2023, income grew from $67k to $93k (+39%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 52%. Over the whole period it spent 52% 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, Speedsville Volunteer Fire Company Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 35th percentile within NY. Charities of a similar size with the same main cause include Brushy Mountain Voluntary Fire Department Inc ($93k), Farmers Home Foundation ($93k) and Point Blank Volunteer Fire Department Inc ($93k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 32% and program service revenue 61% of the total. At year end it held assets of $221k against liabilities of $0, net assets of $221k.