Middlefield Volunteer Fire Company Inc

Analysis

Middlefield Volunteer Fire Company Inc is a registered charity in United States, based in Middlefield, CT. It received its IRS tax-exemption ruling in June 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 June 2023, Middlefield Volunteer Fire Company Inc reported income of $77k and spending of $102k, spending 133% of what it took in. Across the 4 years on record, from June 2019 to June 2023, income fell from $194k to $77k (-60%), an average of -26% a year. The sharpest change came in the year to June 2022, when income rose by 297%. Over the whole period it spent 78% 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, Middlefield Volunteer Fire Company Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 28th percentile within CT. Charities of a similar size with the same main cause include Sixmile Volunteer Fire Department Inc ($77k), Box 15 Club Inc ($77k) and E S C a P E Inc ($77k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 68% and program service revenue 3.3% of the total. At year end it held assets of $132k against liabilities of $1,704, net assets of $130k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.