Ocean Beach Volunteer and Exempt Firefighters Benevolent

Analysis

Ocean Beach Volunteer and Exempt Firefighters Benevolent is a registered charity in United States, based in Ocean Beach, NY. It received its IRS tax-exemption ruling in October 2024, 2 years ago. Its declared purposes cover mutual and membership benefit, which this site groups under other charitable purposes. 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, Ocean Beach Volunteer and Exempt Firefighters Benevolent reported income of $100k and spending of $70k, leaving 30% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $87k to $100k (+15%), an average of +3.6% a year. Over the whole period it spent 73% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ocean Beach Volunteer and Exempt Firefighters Benevolent sits at the 37th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 36th percentile within NY. Charities of a similar size with the same main cause include California Federation of Womens Clubs ($100k), East Coke County Ambulance Service ($100k) and Partnership 4 Care Inc ($100k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.0% and program service revenue 65% of the total. At year end it held assets of $782k against liabilities of $0, net assets of $782k.