Fireboat Firefighter Museum

Analysis

Fireboat Firefighter Museum is a registered charity in United States, based in Brewster, NY. It received its IRS tax-exemption ruling in October 2013, 13 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Fireboat Firefighter Museum reported income of $624k and spending of $290k, leaving 54% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $400k to $624k (+56%), an average of +12% a year. The sharpest change came in the year to December 2023, when income rose by 513%. Over the whole period it spent 72% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Fireboat Firefighter Museum 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 73rd percentile, and in the 69th percentile within NY. Charities of a similar size with the same main cause include Little Theatre of Manchester Inc ($624k), Upper Housatonic Valley National Heritage Area Inc ($624k) and The Wilmington Symphony Orchestra Inc ($624k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 3.3% of the total. At year end it held assets of $920k against liabilities of $0, net assets of $920k.