West Potsdam Volunteer Fire Department

Analysis

West Potsdam Volunteer Fire Department is a registered charity in United States, based in Potsdam, NY. It received its IRS tax-exemption ruling in April 2011, 15 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, West Potsdam Volunteer Fire Department reported income of $93k and spending of $141k, spending 152% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $245k to $93k (-62%), an average of -22% a year. The sharpest change came in the year to December 2020, when income dropped by 49%. Over the whole period it spent 94% 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, West Potsdam Volunteer Fire Department sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 35th percentile within NY. Charities of a similar size with the same main cause include Prim Fire & E M S Inc ($93k), Hempfield Fire Department Relief Association ($93k) and Juno Beach Police Foundation ($93k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.6% and program service revenue 91% of the total. At year end it held assets of $598k against liabilities of $267k, net assets of $331k.

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.