Babylon Central Fire Alarm and Resc Alarm Corporation

Analysis

Babylon Central Fire Alarm and Resc Alarm Corporation is a registered charity in United States, based in Lindenhurst, NY. It received its IRS tax-exemption ruling in June 1979, 47 years ago. 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 2022, Babylon Central Fire Alarm and Resc Alarm Corporation reported income of $2.0m and spending of $1.7m, spending 84% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $1.6m to $2.0m (+25%), an average of +7.6% a year. The sharpest change came in the year to December 2022, when income rose by 34%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Babylon Central Fire Alarm and Resc Alarm Corporation sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 83rd percentile within NY. Charities of a similar size with the same main cause include United Way of Norman Inc ($2.0m), Greater Pittsburgh Convention and Visitors Bureau Education ($2.0m) and Child Life Council Inc ($2.0m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 10% and program service revenue 89% of the total. Other salaries and wages came to $1.0m. At year end it held assets of $1.0m against liabilities of $228k, net assets of $794k. It reported 40 employees.