Delaware City Fire Co Number One Inc

Analysis

Delaware City Fire Co Number One Inc is a registered charity in United States, based in Delaware City, DE. It received its IRS tax-exemption ruling in November 1985, 41 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, Delaware City Fire Co Number One Inc reported income of $2.2m and spending of $2.7m, spending 123% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.3m to $2.2m (-3.5%), an average of -0.9% a year. The sharpest change came in the year to December 2022, when income dropped by 16%. Over the whole period it spent 102% 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, Delaware City Fire Co Number One Inc sits at the 97th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 85th percentile within DE. Charities of a similar size with the same main cause include Austin Disaster Relief Network ($2.2m), Monrovia Volunteer Fire Department ($2.2m) and South Branch Emergency Services Inc ($2.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% and program service revenue 24% of the total. Other salaries and wages came to $1.3m. At year end it held assets of $8.9m against liabilities of $818k, net assets of $8.1m. It reported 41 employees.