Cape Canaveral Volunteer Fire Dept Inc

Analysis

Cape Canaveral Volunteer Fire Dept Inc is a registered charity in United States, based in Cpe Canaveral, FL. It received its IRS tax-exemption ruling in October 1997, 29 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 September 2023, Cape Canaveral Volunteer Fire Dept Inc reported income of $5.2m and spending of $5.2m, spending 102% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $4.6m to $5.2m (+11%), an average of +2.6% a year. The sharpest change came in the year to September 2023, when income rose by 16%. Over the whole period it spent 100% 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, Cape Canaveral Volunteer Fire Dept Inc sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within FL. Charities of a similar size with the same main cause include US Veterans Corps Usvc United States Veterans Corps ($5.1m), Enka Candler Fire and Rescue Inc ($5.2m) and East Farmingdale Volunteer Fire Co Inc ($5.1m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.5% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $929k (18% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $839k against liabilities of $136k, net assets of $703k. It reported 48 employees.