West Ghent Vol Fire Co Inc

Analysis

West Ghent Vol Fire Co Inc is a registered charity in United States, based in Ghent, NY. It received its IRS tax-exemption ruling in January 2019, 7 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, West Ghent Vol Fire Co Inc reported income of $123k and spending of $104k, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $169k to $123k (-27%), an average of -7.6% a year. The sharpest change came in the year to December 2020, when income dropped by 29%. Over the whole period it spent 88% 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, West Ghent Vol Fire Co Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 41st percentile within NY. Charities of a similar size with the same main cause include Hundred Club of Genesee Shiawassee & Lapeer Counties Inc ($123k), Monroe Hose Co ($123k) and Colts Neck First Aid Squad ($123k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.2% and program service revenue 89% of the total. At year end it held assets of $1.1m against liabilities of $359k, net assets of $786k.