Alburg Volunteer Fire Department Inc

Analysis

Alburg Volunteer Fire Department Inc is a registered charity in United States, based in Alburgh, VT. It received its IRS tax-exemption ruling in November 2002, 24 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, Alburg Volunteer Fire Department Inc reported income of $498k and spending of $311k, leaving 37% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $244k to $498k (+104%), an average of +15% a year. The sharpest change came in the year to December 2023, when income rose by 47%. Over the whole period it spent 79% 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, Alburg Volunteer Fire Department Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 65th percentile within VT. Charities of a similar size with the same main cause include Hiwassee Dam Volunteer Fire Department Inc ($498k), Christian Emergency Relief Teams International Inc ($498k) and Tzevet Hatzolah Emergency Response Inc ($498k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 64% and program service revenue 31% of the total. At year end it held assets of $1.2m against liabilities of $453k, net assets of $781k.