Homer Volunteer Fire Department

Analysis

Homer Volunteer Fire Department is a registered charity in United States, based in Utica, OH. It received its IRS tax-exemption ruling in March 2006, 20 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, Homer Volunteer Fire Department reported income of $530k and spending of $607k, spending 115% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $237k to $530k (+123%), an average of +22% a year. The sharpest change came in the year to December 2023, when income rose by 116%. Over the whole period it spent 142% 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, Homer Volunteer Fire Department sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within OH. Charities of a similar size with the same main cause include Big Marsh Volunteer Fire Dept ($529k), Hudlow Fire Dept ($530k) and Partners for Automated Vehicle Education Inc ($529k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 46% and program service revenue 59% of the total. Other salaries and wages came to $152k. At year end it held assets of $710k against liabilities of $258k, net assets of $452k. It reported 24 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.