Fire Service Training Institute

Analysis

Fire Service Training Institute is a registered charity in United States, based in Santa Barbara, CA. It received its IRS tax-exemption ruling in May 2007, 19 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, Fire Service Training Institute reported income of $1.1m and spending of $1.1m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $531k to $1.1m (+111%), an average of +20% a year. The sharpest change came in the year to December 2023, when income rose by 524%. Over the whole period it spent 98% 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, Fire Service Training Institute sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within CA. Charities of a similar size with the same main cause include Eastover Volunteer Fire Dept ($1.1m), Hopephl Community Development Corporation ($1.1m) and Key Largo Volunteer Ambulance Corp Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 31% and program service revenue 69% of the total. Compensation of current officers, directors and key employees was $74k (6.8% of expenses). Other salaries and wages came to $92k. At year end it held assets of $299k against liabilities of $57k, net assets of $242k. It reported 8 employees.