Fireboat E M Cotter Conservancy Inc

Analysis

Fireboat E M Cotter Conservancy Inc is a registered charity in United States, based in Bowmansville, NY. It received its IRS tax-exemption ruling in July 2021, 5 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, Fireboat E M Cotter Conservancy Inc reported income of $142k and spending of $24k, leaving 83% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $54k to $142k (+166%), an average of +166% a year. The sharpest change came in the year to December 2023, when income rose by 166%. Over the whole period it spent 23% 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, Fireboat E M Cotter Conservancy Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 44th percentile within NY. Charities of a similar size with the same main cause include American Bicycling Education Association Inc ($142k), Delmont Volunteer Fire Department ($143k) and Dummerston Fire Department ($142k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 86% of the total. At year end it held assets of $238k against liabilities of $388, net assets of $237k.