Damascus Fire Department Inc

Analysis

Damascus Fire Department Inc is a registered charity in United States, based in Damascus, OH. It received its IRS tax-exemption ruling in June 2015, 11 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 February 2024, Damascus Fire Department Inc reported income of $509k and spending of $488k, spending 96% of its income. Across the 5 years on record, from February 2020 to February 2024, income grew from $328k to $509k (+55%), an average of +12% a year. The sharpest change came in the year to February 2024, when income rose by 20%. Over the whole period it spent 82% 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, Damascus Fire Department Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 71st percentile within OH. Charities of a similar size with the same main cause include Useppa Island Volunteer Fire Company Inc ($509k), Meat Camp Volunteer Fire Dept Inc ($509k) and Lisbon-Mt Vernon Ambulance Service ($508k).

On its Form 990 for the period ending February 2024, revenue came from contributions and grants 70% of the total. Other salaries and wages came to $145k. At year end it held assets of $456k against liabilities of $100k, net assets of $356k. It reported 30 employees.