Southport Volunteer Fire Department Inc

Analysis

Southport Volunteer Fire Department Inc is a registered charity in United States, based in Southport, CT. It received its IRS tax-exemption ruling in January 2020, 6 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 August 2023, Southport Volunteer Fire Department Inc reported income of $59k and spending of $50k, spending 84% of its income. Across the 6 years on record, from August 2017 to August 2023, income fell from $69k to $59k (-14%), an average of -3.1% a year. The sharpest change came in the year to August 2021, when income rose by 92%. Over the whole period it spent 89% 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, Southport Volunteer Fire Department Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 21st percentile within CT. Charities of a similar size with the same main cause include Stanley Volunteer Fire Department ($59k), Mississippi Operation Lifesaver Inc ($59k) and Grapeville Volunteer Fire Co Inc ($59k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $163k against liabilities of $0, net assets of $163k.