Peoples Firehouse Inc

Analysis

Peoples Firehouse Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in February 1980, 46 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, Peoples Firehouse Inc reported income of $163k and spending of $219k, spending 134% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $151k to $163k (+8.2%), an average of +2.0% a year. Over the whole period it spent 142% 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, Peoples Firehouse Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 47th percentile within NY. Charities of a similar size with the same main cause include Martinsburg Volunteer Fire Company No 1 ($163k), Lawrenceville Fire Department ($163k) and Quail Creek Volunteer Fire Department ($162k).

Compensation of current officers, directors and key employees was $40k (18% of expenses). Other salaries and wages came to $31k. At year end it held assets of $784k against liabilities of $39k, net assets of $745k. It reported 8 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.