Indian River Volunteer Fire Co Inc

Analysis

Indian River Volunteer Fire Co Inc is a registered charity in United States, based in Rehoboth BCH, DE. It received its IRS tax-exemption ruling in January 1993, 33 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Indian River Volunteer Fire Co Inc reported income of $1.6m and spending of $1.0m, leaving 38% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $1.6m (+27%), an average of +6.2% a year. The sharpest change came in the year to December 2022, when income rose by 18%. Over the whole period it spent 61% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Indian River Volunteer Fire Co 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 84th percentile, and in the 81st percentile within DE. Charities of a similar size with the same main cause include State University College at Oneonta Childrens Center Inc ($1.6m), Maria Hall Inc ($1.6m) and Florida Music Education Association Inc ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. At year end it held assets of $9.9m against liabilities of $1.8m, net assets of $8.0m.