Exeter Volunteer Fire Department

Analysis

Exeter Volunteer Fire Department is a registered charity in United States, based in Exeter, RI. It received its IRS tax-exemption ruling in December 1992, 34 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, Exeter Volunteer Fire Department reported income of $331k and spending of $220k, leaving 34% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $295k to $331k (+12%), an average of +2.9% a year. The sharpest change came in the year to December 2022, when income rose by 48%. Over the whole period it spent 62% 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, Exeter Volunteer Fire Department sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 59th percentile within RI. Charities of a similar size with the same main cause include College Mound Volunteer Fire Department ($331k), Hacks Point Fire Company Inc ($331k) and Westmoore Volunteer Fire Protective Association Inc ($331k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% and program service revenue 2.3% of the total. Compensation of current officers, directors and key employees was $21k (9.5% of expenses). At year end it held assets of $4.4m against liabilities of $0, net assets of $4.4m. It reported 1 employees.