Dagsboro Volunteer Fire Department Inc

Analysis

Dagsboro Volunteer Fire Department Inc is a registered charity in United States, based in Dagsboro, DE. It received its IRS tax-exemption ruling in October 1980, 46 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, Dagsboro Volunteer Fire Department Inc reported income of $1.6m and spending of $1.4m, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $1.6m (+33%), an average of +7.4% a year. The sharpest change came in the year to December 2022, when income rose by 37%. Over the whole period it spent 87% 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, Dagsboro Volunteer Fire Department Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 81st percentile within DE. Charities of a similar size with the same main cause include Deep Creek Volunteer Fire Co Inc ($1.6m), Getzville Fire Company Inc ($1.6m) and Charlotte-Mecklenburg Police Foundation ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. Other salaries and wages came to $303k. At year end it held assets of $7.2m against liabilities of $2.1m, net assets of $5.1m. It reported 22 employees.