Hempstead Volunteer Fire Dept

Analysis

Hempstead Volunteer Fire Dept is a registered charity in United States, based in Hempstead, NY. It received its IRS tax-exemption ruling in July 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, Hempstead Volunteer Fire Dept reported income of $110k and spending of $113k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $126k to $110k (-13%), an average of -3.3% a year. The sharpest change came in the year to December 2021, when income rose by 30%. Over the whole period it spent 96% 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, Hempstead Volunteer Fire Dept 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 Oregon School Resource Officers Association ($110k), Wayne Township Volunteer Fire Department ($110k) and Cuero Volunteer Fire Department Inc ($110k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.7% of the total. At year end it held assets of $331k against liabilities of $2,853, net assets of $328k.