Union Vale Fire Company Inc

Analysis

Union Vale Fire Company Inc is a registered charity in United States, based in Verbank, NY. It received its IRS tax-exemption ruling in December 2004, 22 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 November 2023, Union Vale Fire Company Inc reported income of $166k and spending of $73k, leaving 56% of income unspent that year. Across the 2 years on record, from November 2022 to November 2023, income grew from $123k to $166k (+34%), an average of +34% a year. The sharpest change came in the year to November 2023, when income rose by 34%. Over the whole period it spent 61% 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, Union Vale Fire Company Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 47th percentile within NY. Charities of a similar size with the same main cause include Jamestown Rural Fire Department ($166k), New Richland Fire Department Relief Association ($166k) and Westport Volunteer Fire Depatrment Inc ($166k).

On its Form 990-EZ for the period ending November 2023, revenue came from contributions and grants 39% of the total. At year end it held assets of $152k against liabilities of $0, net assets of $152k.