Saltaire Volunteer Fire Company Inc

Analysis

Saltaire Volunteer Fire Company Inc is a registered charity in United States, based in Bay Shore, NY. It received its IRS tax-exemption ruling in March 2008, 18 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 May 2024, Saltaire Volunteer Fire Company Inc reported income of $108k and spending of $86k, spending 80% of its income. Across the 5 years on record, from May 2020 to May 2024, income grew from $63k to $108k (+71%), an average of +14% a year. The sharpest change came in the year to May 2022, when income rose by 78%. Over the whole period it spent 98% 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, Saltaire Volunteer Fire Company Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 38th percentile within NY. Charities of a similar size with the same main cause include Greenhill Volunteer Fire Dept ($107k), Sass Go ($108k) and Goshen Volunteer Fire Company Inc ($107k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 58% and program service revenue 42% of the total. At year end it held assets of $137k against liabilities of $0, net assets of $137k.