East Maine Fire Company Inc

Analysis

East Maine Fire Company Inc is a registered charity in United States, based in Johnson City, NY. It received its IRS tax-exemption ruling in February 2013, 13 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 December 2023, East Maine Fire Company Inc reported income of $232k and spending of $181k, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $218k to $232k (+6.3%), an average of +1.5% a year. The sharpest change came in the year to December 2022, when income rose by 3530%. Over the whole period it spent 82% 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, East Maine Fire Company Inc sits at the 65th 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 The Harney Volunteer Fire Company Incorporated ($232k), Reynolds Store Volunteer Fire Company ($232k) and Wales Center Volunteer Fire Co Inc ($232k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.8% and program service revenue 93% of the total. At year end it held assets of $1.2m against liabilities of $394k, net assets of $845k.