Elma Fire Company

Analysis

Elma Fire Company is a registered charity in United States, based in Elma, NY. It received its IRS tax-exemption ruling in February 2011, 15 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, Elma Fire Company reported income of $419k and spending of $383k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $346k to $419k (+21%), an average of +4.9% a year. The sharpest change came in the year to December 2022, when income rose by 156%. Over the whole period it spent 69% 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, Elma Fire Company sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 64th percentile within NY. Charities of a similar size with the same main cause include Roadway Safety Foundation ($419k), Warriors Mark-Franklin Volunteer Fire Co Inc ($419k) and Lake Winola Fire Company No 1 ($419k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 21% and program service revenue 72% of the total. At year end it held assets of $2.2m against liabilities of $19k, net assets of $2.2m.