Volunteer & Exempt Firemens Benevolent Association of

Analysis

Volunteer & Exempt Firemens Benevolent Association of is a registered charity in United States, based in Oceanside, NY. It received its IRS tax-exemption ruling in November 1996, 30 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, Volunteer & Exempt Firemens Benevolent Association of reported income of $178k and spending of $122k, leaving 32% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $170k to $178k (+4.8%), an average of +1.2% a year. The sharpest change came in the year to December 2021, when income dropped by 15%. Over the whole period it spent 67% 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, Volunteer & Exempt Firemens Benevolent Association of sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 49th percentile within NY. Charities of a similar size with the same main cause include Cutting Edge Relief Corporation ($178k), Chimney Rock Vol Fire Dept ($178k) and Byrd Community Volunteer Fire Department ($178k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.0% and program service revenue 94% of the total. At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m.