Red Hook Fire Co Inc

Analysis

Red Hook Fire Co Inc is a registered charity in United States, based in Red Hook, NY. It received its IRS tax-exemption ruling in January 2002, 24 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, Red Hook Fire Co Inc reported income of $425k and spending of $523k, spending 123% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $476k to $425k (-11%), an average of -2.8% a year. The sharpest change came in the year to December 2022, when income rose by 122%. Over the whole period it spent 91% 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, Red Hook Fire Co Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 64th percentile within NY. Charities of a similar size with the same main cause include New Hanover Township Volunteer Fire Company No 1 ($425k), Big Bend Healthcare Coalition Inc ($426k) and Shickshinny Area Volunteer Ambulanc Assoc Inc ($424k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $1.5m against liabilities of $186k, net assets of $1.3m.