South Bowers Fire Co Inc

Analysis

South Bowers Fire Co Inc is a registered charity in United States, based in Milford, DE. It received its IRS tax-exemption ruling in February 1989, 37 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, South Bowers Fire Co Inc reported income of $779k and spending of $404k, leaving 48% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $597k to $779k (+31%), an average of +6.9% a year. The sharpest change came in the year to December 2022, when income rose by 44%. Over the whole period it spent 64% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, South Bowers Fire Co Inc sits at the 75th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 72nd percentile within DE. Charities of a similar size with the same main cause include Wyoming Agriculture in the Classroom ($779k), Voyce ($779k) and New Entra Casa Corporation ($779k).

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 $4.1m against liabilities of $14k, net assets of $4.1m.