Millville Volunteer Fire Company Inc

Analysis

Millville Volunteer Fire Company Inc is a registered charity in United States, based in Millville, DE. It received its IRS tax-exemption ruling in February 2022, 4 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, Millville Volunteer Fire Company Inc reported income of $3.6m and spending of $2.5m, leaving 29% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.9m to $3.6m (+23%), an average of +5.3% a year. The sharpest change came in the year to December 2022, when income rose by 31%. Over the whole period it spent 72% 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, Millville Volunteer Fire Company Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within DE. Charities of a similar size with the same main cause include Mendocino County Fire Safe Council Inc ($3.6m), Medstar Ambulance of Mendocino County Inc ($3.6m) and National Child Safety Council ($3.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% and program service revenue 22% of the total. Other salaries and wages came to $1.0m. It paid $3,075 in professional fundraising fees. At year end it held assets of $9.7m against liabilities of $74k, net assets of $9.7m. It reported 45 employees.