Rye Volunteer Fire Fighters Inc

Analysis

Rye Volunteer Fire Fighters Inc is a registered charity in United States, based in Rye, NY. It received its IRS tax-exemption ruling in September 2004, 22 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).

In the financial year ending March 2023, Rye Volunteer Fire Fighters Inc reported income of $352k and spending of $303k, spending 86% of its income. Across the 5 years on record, from March 2019 to March 2023, income grew from $251k to $352k (+40%), an average of +8.8% a year. The sharpest change came in the year to March 2022, when income rose by 35%. Over the whole period it spent 70% 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, Rye Volunteer Fire Fighters Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 61st percentile within NY. Charities of a similar size with the same main cause include Saltsburg Fire Department ($352k), Shawnee Volunteer Fire Company Inc ($353k) and Chester Gap Volunteer Fire ($352k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $3,600 (1.2% of expenses). At year end it held assets of $1.0m against liabilities of $0, net assets of $1.0m.