Vestal Fire Department Inc

Analysis

Vestal Fire Department Inc is a registered charity in United States, based in Vestal, NY. It received its IRS tax-exemption ruling in December 2015, 11 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, Vestal Fire Department Inc reported income of $230k and spending of $117k, leaving 49% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $66k to $230k (+249%), an average of +249% a year. The sharpest change came in the year to December 2023, when income rose by 249%. Over the whole period it spent 54% 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, Vestal Fire Department Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 54th percentile within NY. Charities of a similar size with the same main cause include Intercourse Fire Co ($230k), Heidlersburg Area Civic Assoc Fire Company ($230k) and Wyoming County Fire Company Inc ($229k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% of the total. Compensation of current officers, directors and key employees was $3,000 (2.6% of expenses). At year end it held assets of $329k against liabilities of $0, net assets of $329k.