The Hopewell Volunteer Fire Department Inc

Analysis

The Hopewell Volunteer Fire Department Inc is a registered charity in United States, based in Canandaigua, NY. It received its IRS tax-exemption ruling in March 2008, 18 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, The Hopewell Volunteer Fire Department Inc reported income of $378k and spending of $303k, spending 80% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $408k to $378k (-7.3%), an average of -1.9% a year. 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, The Hopewell Volunteer Fire Department Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 62nd percentile within NY. Charities of a similar size with the same main cause include PD Cares Inc ($378k), Red Lobster Cares Inc ($379k) and Burningtown-Iotla Volunteer Fire & Rescue Inc ($378k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $2.7m against liabilities of $990k, net assets of $1.8m.