Busti Fire Dept Inc

Analysis

Busti Fire Dept Inc is a registered charity in United States, based in Jamestown, NY. It received its IRS tax-exemption ruling in May 1991, 35 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, Busti Fire Dept Inc reported income of $285k and spending of $200k, leaving 30% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $214k to $285k (+33%), an average of +7.5% a year. The sharpest change came in the year to December 2021, when income rose by 22%. Over the whole period it spent 82% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Busti Fire Dept Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 58th percentile within NY. Charities of a similar size with the same main cause include Astoria Rescue Mission ($285k), Historic Harrisburg Association Inc ($285k) and Academy of Operative Dentistry Inc ($285k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 63% and program service revenue 20% of the total. At year end it held assets of $2.2m against liabilities of $0, net assets of $2.2m.