Eastport Chemical Fire Engine Company Number One Inc

Analysis

Eastport Chemical Fire Engine Company Number One Inc is a registered charity in United States, based in Eastport, NY. It received its IRS tax-exemption ruling in January 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, Eastport Chemical Fire Engine Company Number One Inc reported income of $99k and spending of $93k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $140k to $99k (-29%), an average of -8.3% a year. The sharpest change came in the year to December 2020, when income dropped by 31%. Over the whole period it spent 74% 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, Eastport Chemical Fire Engine Company Number One Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 36th percentile within NY. Charities of a similar size with the same main cause include Rural Perry County Fire Protection Association ($99k), Mantoloking Fire Company No 1 ($99k) and Adrian Sandy Fire Co ($99k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.9% of the total. Compensation of current officers, directors and key employees was $2,000 (2.2% of expenses). At year end it held assets of $380k against liabilities of $0, net assets of $380k.