Port Washington Protection Fire Engine Company Number One

Analysis

Port Washington Protection Fire Engine Company Number One is a registered charity in United States, based in PRT Washingtn, NY. It received its IRS tax-exemption ruling in February 2016, 10 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Port Washington Protection Fire Engine Company Number One reported income of $528k and spending of $526k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $435k to $528k (+21%), an average of +5.0% a year. The sharpest change came in the year to December 2022, when income rose by 105%. Over the whole period it spent 82% 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, Port Washington Protection Fire Engine Company Number One sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 67th percentile within NY. Charities of a similar size with the same main cause include Foundation for Fire and Rescue in Latin America Corp ($527k), Beeson Cross Roads Fire and Rescue Inc ($528k) and Devola Volunteer Fire Company Inc ($527k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.8% and program service revenue 91% of the total. At year end it held assets of $2.7m against liabilities of $574k, net assets of $2.1m.