Volunteer and Exempt Firemens Benevolent Association Inc of Bayv

Analysis

Volunteer and Exempt Firemens Benevolent Association Inc of Bayv is a registered charity in United States, based in Bayville, NY. It received its IRS tax-exemption ruling in October 2021, 5 years ago. 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, Volunteer and Exempt Firemens Benevolent Association Inc of Bayv reported income of $108k and spending of $26k, leaving 76% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $71k to $108k (+52%), an average of +15% a year. The sharpest change came in the year to December 2023, when income rose by 37%. Over the whole period it spent 47% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Volunteer and Exempt Firemens Benevolent Association Inc of Bayv sits at the 38th percentile: it is larger than about 38% 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 Westwood Volunteer Ambulance Corps Incorporated ($108k), Deja New Leicester ($108k) and Little League Baseball Inc ($108k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% of the total. At year end it held assets of $692k against liabilities of $0, net assets of $692k.