Fire Inc

Analysis

Fire Inc is a registered charity in United States, based in South Bend, IN. It received its IRS tax-exemption ruling in April 1973, 53 years ago. 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, Fire Inc reported income of $370k and spending of $447k, spending 121% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $328k to $370k (+13%), an average of +3.1% a year. The sharpest change came in the year to December 2021, when income rose by 49%. Over the whole period it spent 108% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Fire Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 65th percentile within IN. Charities of a similar size with the same main cause include Muslim Association of N W ($370k), Iowa Abortion Access Fund ($370k) and Riviera Beach Integrated Care Inc ($370k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 18% of the total. Compensation of current officers, directors and key employees was $91k (20% of expenses). Other salaries and wages came to $201k. At year end it held assets of $345k against liabilities of $15k, net assets of $330k. It reported 15 employees.