Sunset Bay Volunteer Fire Co No 1 Inc

Analysis

Sunset Bay Volunteer Fire Co No 1 Inc is a registered charity in United States, based in Irving, NY. It received its IRS tax-exemption ruling in December 2008, 18 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, Sunset Bay Volunteer Fire Co No 1 Inc reported income of $206k and spending of $107k, leaving 48% of income unspent that year. Across the 5 years on record, from December 2018 to December 2023, income grew from $130k to $206k (+58%), an average of +12% a year. The sharpest change came in the year to December 2023, when income rose by 49%. Over the whole period it spent 79% 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, Sunset Bay Volunteer Fire Co No 1 Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 52nd percentile within NY. Charities of a similar size with the same main cause include Humanity Funds ($205k), Canada Fire Department ($206k) and Setauket Fire Department Inc ($205k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% of the total. At year end it held assets of $735k against liabilities of $63k, net assets of $672k.