Metrofire Inc

Analysis

Metrofire Inc is a registered charity in United States, based in Woburn, MA. It received its IRS tax-exemption ruling in September 2004, 22 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Metrofire Inc reported income of $184k and spending of $141k, leaving 23% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $88k to $184k (+108%), an average of +20% a year. The sharpest change came in the year to June 2023, when income rose by 108%. Over the whole period it spent 87% 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, Metrofire Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 56th percentile within MA. Charities of a similar size with the same main cause include Blue Rock Fire Rescue Relief Association ($184k), Princeton Junction Volunteer Fire Co No 1 Inc ($184k) and Worthington Volunteer Fire Dept Inc ($184k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $53k (38% of expenses). At year end it held assets of $411k against liabilities of $1,743, net assets of $409k. It reported 1 employees.