Somers Vol Fire Dept Inc

Analysis

Somers Vol Fire Dept Inc is a registered charity in United States, based in Somers, NY. It received its IRS tax-exemption ruling in November 1997, 29 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 April 2023, Somers Vol Fire Dept Inc reported income of $89k and spending of $110k, spending 124% of what it took in. Across the 5 years on record, from April 2019 to April 2023, income fell from $91k to $89k (-1.4%), an average of -0.3% a year. The sharpest change came in the year to April 2022, when income rose by 276%. Over the whole period it spent 54% 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, Somers Vol Fire Dept Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 34th percentile within NY. Charities of a similar size with the same main cause include Cleveland Volunteer Fire Department ($89k), Lakeside Fire Department Inc ($89k) and Minoa Fire Department Inc ($89k).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 76% of the total. Compensation of current officers, directors and key employees was $2,000 (1.8% of expenses). At year end it held assets of $2.2m against liabilities of $0, net assets of $2.2m.