Georgetown Fire Company Inc

Analysis

Georgetown Fire Company Inc is a registered charity in United States, based in Georgetown, DE. It received its IRS tax-exemption ruling in November 2003, 23 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, Georgetown Fire Company Inc reported income of $1.2m and spending of $741k, leaving 39% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $973k to $1.2m (+26%), an average of +5.9% a year. The sharpest change came in the year to December 2022, when income rose by 36%. Over the whole period it spent 60% 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, Georgetown Fire Company Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 78th percentile within DE. Charities of a similar size with the same main cause include Point Pleasant-Plumsteadville Ems ($1.2m), Comprehensive Advanced Life Support Program ($1.2m) and Spikes K9 Fund ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% of the total. At year end it held assets of $5.3m against liabilities of $5,605, net assets of $5.3m.