South Schodack Volunteer Fire Co Inc

Analysis

South Schodack Volunteer Fire Co Inc is a registered charity in United States, based in Castleton, NY. It received its IRS tax-exemption ruling in June 2016, 10 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, South Schodack Volunteer Fire Co Inc reported income of $69k and spending of $59k, spending 85% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $61k to $69k (+13%), an average of +13% a year. Over the whole period it spent 81% 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, South Schodack Volunteer Fire Co Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 28th percentile within NY. Charities of a similar size with the same main cause include Cannon Beach Fire & Rescue ($69k), Volunteer Fire Department of Luzerne ($69k) and Korean Safety Patrol Inc ($69k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 45% and program service revenue 15% of the total. At year end it held assets of $109k against liabilities of $0, net assets of $109k.