Hampton Volunteer Fire Company Inc

Analysis

Hampton Volunteer Fire Company Inc is a registered charity in United States, based in Hampton, NY. It received its IRS tax-exemption ruling in June 2023, 3 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, Hampton Volunteer Fire Company Inc reported income of $78k and spending of $77k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $146k to $78k (-47%), an average of -47% a year. The sharpest change came in the year to December 2023, when income dropped by 47%. Over the whole period it spent 66% 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, Hampton Volunteer Fire Company Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 31st percentile within NY. Charities of a similar size with the same main cause include Volunteer Fire Department ($78k), Wrightsville Beach Volunteer Firefighters Association ($78k) and Stony Brook Volunteer Fire Department Inc ($78k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% and program service revenue 2.1% of the total. At year end it held assets of $262k against liabilities of $0, net assets of $262k.