Riverhead Volunteer Firefighters Association Inc

Analysis

Riverhead Volunteer Firefighters Association Inc is a registered charity in United States, based in Riverhead, NY. It received its IRS tax-exemption ruling in July 2014, 12 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, Riverhead Volunteer Firefighters Association Inc reported income of $285k and spending of $360k, spending 126% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $200k to $285k (+43%), an average of +9.3% a year. The sharpest change came in the year to December 2021, when income rose by 49%. Over the whole period it spent 91% 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, Riverhead Volunteer Firefighters Association Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 58th percentile within NY. Charities of a similar size with the same main cause include Black Police Officers Association of Omaha ($285k), Taghkanic Fire Company No 1 Inc ($285k) and Sandy Hook Volunteer Fire Company Incorporated ($285k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% of the total. At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m.