Goose Rocks Beach Fire Company

Analysis

Goose Rocks Beach Fire Company is a registered charity in United States, based in Kennebunkport, ME. It received its IRS tax-exemption ruling in September 2000, 26 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, Goose Rocks Beach Fire Company reported income of $75k and spending of $29k, leaving 61% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $87k to $75k (-14%), an average of -3.7% a year. The sharpest change came in the year to December 2021, when income rose by 29%. Over the whole period it spent 66% 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, Goose Rocks Beach Fire Company sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 22nd percentile within ME. Charities of a similar size with the same main cause include Fairlawn Rescue Squad Association Inc ($75k), Orrville Volunteer Fire Department Inc ($75k) and Strattanville Volunteer Fire Company No 1 ($74k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% of the total. Other salaries and wages came to $1,400. At year end it held assets of $658k against liabilities of $0, net assets of $658k.