Rehoboth Beach Volunteer Fire Co Inc

Analysis

Rehoboth Beach Volunteer Fire Co Inc is a registered charity in United States, based in Rehoboth BCH, DE. It received its IRS tax-exemption ruling in July 2009, 17 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, Rehoboth Beach Volunteer Fire Co Inc reported income of $4.1m and spending of $3.1m, leaving 25% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.0m to $4.1m (+35%), an average of +7.7% a year. The sharpest change came in the year to December 2022, when income rose by 28%. Over the whole period it spent 80% 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, Rehoboth Beach Volunteer Fire Co Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within DE. Charities of a similar size with the same main cause include Nethope Inc ($4.1m), Adams Regional Emergency Medical Services Inc ($4.1m) and Oklahoma Council of Public Affairs Inc ($4.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 64% and program service revenue 34% of the total. Other salaries and wages came to $989k. At year end it held assets of $12.4m against liabilities of $1.4m, net assets of $11.0m. It reported 31 employees.