Norfolk Volunteer Fire Department Inc

Analysis

Norfolk Volunteer Fire Department Inc is a registered charity in United States, based in Norfolk, CT. It received its IRS tax-exemption ruling in July 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 June 2024, Norfolk Volunteer Fire Department Inc reported income of $102k and spending of $103k, spending 101% of its income. Across the 2 years on record, from June 2023 to June 2024, income fell from $259k to $102k (-61%), an average of -61% a year. The sharpest change came in the year to June 2024, when income dropped by 61%. Over the whole period it spent 48% 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, Norfolk Volunteer Fire Department Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 35th percentile within CT. Charities of a similar size with the same main cause include Montvale Volunteer Fire Department Incorporated ($102k), Sula Rural Volunteer Fire Dept ($102k) and Rural Volunteer Fire Department of Lewisburg Inc ($102k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 99% of the total. At year end it held assets of $499k against liabilities of $0, net assets of $499k.