South Salem Fire Dept Inc

Analysis

South Salem Fire Dept Inc is a registered charity in United States, based in South Salem, NY. It received its IRS tax-exemption ruling in February 2012, 14 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2024, South Salem Fire Dept Inc reported income of $161k and spending of $168k, spending 105% of its income. Across the 5 years on record, from March 2020 to March 2024, income fell from $211k to $161k (-24%), an average of -6.6% a year. The sharpest change came in the year to March 2023, when income rose by 61%. Over the whole period it spent 73% 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, South Salem Fire Dept Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 47th percentile within NY. Charities of a similar size with the same main cause include Oldwick Fire Company Inc ($161k), Hopewell Volunteer Fire Department ($161k) and Denver Volunteer Fire Association ($161k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 102% of the total. At year end it held assets of $3.5m against liabilities of $0, net assets of $3.5m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.