Clayton Fire Company No 1 Inc

Analysis

Clayton Fire Company No 1 Inc is a registered charity in United States, based in Clayton, DE. It received its IRS tax-exemption ruling in April 1983, 43 years ago. 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, Clayton Fire Company No 1 Inc reported income of $1.3m and spending of $736k, leaving 41% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $933k to $1.3m (+34%), an average of +7.7% a year. The sharpest change came in the year to December 2022, when income rose by 36%. Over the whole period it spent 59% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Clayton Fire Company No 1 Inc 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 82nd percentile, and in the 78th percentile within DE. Charities of a similar size with the same main cause include Fencers Club Inc ($1.3m), Cloverfield-Kingston House ($1.3m) and Center Point Ga Inc ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% of the total. At year end it held assets of $7.2m against liabilities of $1.9m, net assets of $5.2m.