Utica Volunteer Fire Department Inc

Analysis

Utica Volunteer Fire Department Inc is a registered charity in United States, based in Utica, KY. It received its IRS tax-exemption ruling in November 2022, 4 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Utica Volunteer Fire Department Inc reported income of $90k and spending of $111k, spending 123% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $63k to $90k (+43%), an average of +43% a year. The sharpest change came in the year to December 2023, when income rose by 43%. Over the whole period it spent 118% 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, Utica Volunteer Fire Department Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 33rd percentile within KY. Charities of a similar size with the same main cause include Slocum Township Volunteer Fire Company No 1 ($90k), Dale Borough Fire Co ($90k) and Durand Fire Relief Association Inc ($90k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 37% of the total. At year end it held assets of $56k against liabilities of $21k, net assets of $35k.