Gouverneur Fire Company Inc

Analysis

Gouverneur Fire Company Inc is a registered charity in United States, based in Gouverneur, NY. It received its IRS tax-exemption ruling in November 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, Gouverneur Fire Company Inc reported income of $472k and spending of $797k, spending 169% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $431k to $472k (+9.5%), an average of +3.1% a year. The sharpest change came in the year to December 2023, when income rose by 27%. Over the whole period it spent 104% 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, Gouverneur Fire Company Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 65th percentile within NY. Charities of a similar size with the same main cause include D & B H E a R T Fund ($471k), Triune-Halleck Volunteer Fire Department Inc ($473k) and Hague Volunteer Fire Department Inc ($471k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 27% and program service revenue 59% of the total. At year end it held assets of $1.3m against liabilities of $700k, net assets of $588k.