Scarsdale Fire Company No 1 Inc

Analysis

Scarsdale Fire Company No 1 Inc is a registered charity in United States, based in Scarsdale, NY. It received its IRS tax-exemption ruling in November 2014, 12 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, Scarsdale Fire Company No 1 Inc reported income of $73k and spending of $77k, spending 106% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $137k to $73k (-47%), an average of -47% a year. The sharpest change came in the year to December 2023, when income dropped by 47%. Over the whole period it spent 95% 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, Scarsdale Fire Company No 1 Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 29th percentile within NY. Charities of a similar size with the same main cause include Joseph Berberick Hose Co Inc ($73k), Bolivar County Long-Term Disaster Recovery Committee ($73k) and South Unicoi County Volunteer Fire Department Incorporated ($73k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% of the total. At year end it held assets of $184k against liabilities of $0, net assets of $184k.