Altmar Volunteer Fire Dept Inc

Analysis

Altmar Volunteer Fire Dept Inc is a registered charity in United States, based in Altmar, NY. It received its IRS tax-exemption ruling in September 2014, 12 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, Altmar Volunteer Fire Dept Inc reported income of $249k and spending of $117k, leaving 53% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $128k to $249k (+93%), 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 73% 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, Altmar Volunteer Fire Dept Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 55th percentile within NY. Charities of a similar size with the same main cause include New Haven & Community Volunteer Fire Dept Inc ($249k), South Windham Vol Fire Dept ($249k) and Rabun Volunteer Fire Department Inc ($248k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.8% and program service revenue 91% of the total. At year end it held assets of $471k against liabilities of $33k, net assets of $438k.