Farmington Fire Department Inc

Analysis

Farmington Fire Department Inc is a registered charity in United States, based in Farmington, CT. It received its IRS tax-exemption ruling in November 2003, 23 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, Farmington Fire Department Inc reported income of $190k and spending of $219k, spending 116% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $180k to $190k (+5.3%), an average of +1.3% a year. Over the whole period it spent 117% 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, Farmington Fire Department Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 50th percentile within CT. Charities of a similar size with the same main cause include New Berlin Fire Company Number One ($189k), Bennington Volunteer Fire Company Inc ($190k) and Swoope Volunteer Fire Company ($189k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Other salaries and wages came to $148k. At year end it held assets of $843k against liabilities of $0, net assets of $843k.

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.