Somerton Volunteer Fire Department

Analysis

Somerton Volunteer Fire Department is a registered charity in United States, based in Barnesville, OH. It received its IRS tax-exemption ruling in January 2017, 9 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, Somerton Volunteer Fire Department reported income of $429k and spending of $476k, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $694k to $429k (-38%), an average of -11% a year. The sharpest change came in the year to December 2021, when income dropped by 32%. Over the whole period it spent 105% 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, Somerton Volunteer Fire Department sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within OH. Charities of a similar size with the same main cause include Reeds Fire Department Inc ($429k), Macedonia Fire District ($429k) and Buena Vista Firefighters Inc ($428k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $39k (8.2% of expenses). Other salaries and wages came to $138k. At year end it held assets of $635k against liabilities of $463k, net assets of $172k. It reported 26 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.