Catawba Island Volunteer Firemen Inc

Analysis

Catawba Island Volunteer Firemen Inc is a registered charity in United States, based in Port Clinton, OH. It received its IRS tax-exemption ruling in January 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, Catawba Island Volunteer Firemen Inc reported income of $64k and spending of $34k, leaving 47% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $67k to $64k (-4.6%), an average of -1.2% a year. The sharpest change came in the year to December 2021, when income rose by 186%. Over the whole period it spent 55% 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, Catawba Island Volunteer Firemen Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 25th percentile within OH. Charities of a similar size with the same main cause include Cassville Volunteer Fire Company ($64k), Smith River Rescue Squad Inc ($64k) and Jessup Hose Company No 1 ($64k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 11% of the total. At year end it held assets of $708k against liabilities of $0, net assets of $708k.