Useppa Island Volunteer Fire Company Inc

Analysis

Useppa Island Volunteer Fire Company Inc is a registered charity in United States, based in Bokeelia, FL. It received its IRS tax-exemption ruling in November 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Useppa Island Volunteer Fire Company Inc reported income of $509k and spending of $494k, spending 97% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $245k to $509k (+108%), an average of +20% a year. The sharpest change came in the year to September 2022, when income rose by 65%. Over the whole period it spent 101% 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, Useppa Island Volunteer Fire Company 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 70th percentile, and in the 73rd percentile within FL. Charities of a similar size with the same main cause include Lisbon-Mt Vernon Ambulance Service ($508k), Damascus Fire Department Inc ($509k) and United Steam Fire Engine Co-3 ($508k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 2.7% and program service revenue 96% of the total. Other salaries and wages came to $322k. At year end it held assets of $1.1m against liabilities of $63k, net assets of $1.0m. It reported 11 employees.