Bridgehampton Volunteer Fire Department

Analysis

Bridgehampton Volunteer Fire Department is a registered charity in United States, based in Bridgehampton, NY. It received its IRS tax-exemption ruling in February 2004, 22 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, Bridgehampton Volunteer Fire Department reported income of $231k and spending of $255k, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $212k to $231k (+8.9%), an average of +2.2% a year. The sharpest change came in the year to December 2021, when income rose by 34%. Over the whole period it spent 97% 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, Bridgehampton Volunteer Fire Department sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 54th percentile within NY. Charities of a similar size with the same main cause include Union Hose and Engine Company Inc ($231k), Ekalaka Volunteer Fire Department of Ekalaka Montana ($231k) and Antioch Volunteer Fire Department Inc ($231k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 70% of the total. Other salaries and wages came to $32k. At year end it held assets of $831k against liabilities of $0, net assets of $831k.