Turin Vol Fire Co Inc

Analysis

Turin Vol Fire Co Inc is a registered charity in United States, based in Turin, NY. It received its IRS tax-exemption ruling in March 2022, 4 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 June 2023, Turin Vol Fire Co Inc reported income of $125k and spending of $80k, leaving 36% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $80k to $125k (+57%), an average of +56% a year. The sharpest change came in the year to June 2023, when income rose by 57%. Over the whole period it spent 80% 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, Turin Vol Fire Co Inc sits at the 45th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 41st percentile within NY. Charities of a similar size with the same main cause include Beemerville Fire Department Inc ($125k), Centerville Volunteer Fire Department Inc ($125k) and Kinsey Volunteer Fire Department Inc ($125k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 20% and program service revenue 62% of the total. At year end it held assets of $219k against liabilities of $0, net assets of $219k.