Claymont Fire Company 1

Analysis

Claymont Fire Company 1 is a registered charity in United States, based in Claymont, DE. It received its IRS tax-exemption ruling in June 2014, 12 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, Claymont Fire Company 1 reported income of $4.0m and spending of $2.9m, leaving 27% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.8m to $4.0m (+44%), an average of +9.6% a year. The sharpest change came in the year to December 2020, when income rose by 30%. Over the whole period it spent 76% 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, Claymont Fire Company 1 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 Rostraver West Newton Ems ($4.0m), Oklahoma Council of Public Affairs Inc ($4.0m) and Flight Safety Foundation Inc ($4.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 53% and program service revenue 43% of the total. Other salaries and wages came to $887k. At year end it held assets of $11.1m against liabilities of $3.4m, net assets of $7.7m. It reported 55 employees.