Goshen Volunteer Fire Company Inc

Analysis

Goshen Volunteer Fire Company Inc is a registered charity in United States, based in Goshen, CT. It received its IRS tax-exemption ruling in February 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 (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, Goshen Volunteer Fire Company Inc reported income of $107k and spending of $31k, leaving 71% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $408k to $107k (-74%), an average of -74% a year. The sharpest change came in the year to December 2023, when income dropped by 74%. Over the whole period it spent 47% 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, Goshen Volunteer Fire Company Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 37th percentile within CT. Charities of a similar size with the same main cause include Recycle-A-Bike ($107k), Greenhill Volunteer Fire Dept ($107k) and Shady Valley Volunteer Fire Department ($107k).

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 $586k against liabilities of $0, net assets of $586k.