Gearhart Volunteer Fire Department

Analysis

Gearhart Volunteer Fire Department is a registered charity in United States, based in Gearhart, OR. It received its IRS tax-exemption ruling in October 1995, 31 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, Gearhart Volunteer Fire Department reported income of $182k and spending of $244k, spending 134% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $134k to $182k (+35%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 150%. Over the whole period it spent 97% 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, Gearhart Volunteer Fire Department sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 52nd percentile within OR. Charities of a similar size with the same main cause include Leeds Hose Company No 1 Inc ($182k), Lake Dunlap Area Volunteer Fire Department ($182k) and Suncoast Professional Firefighters & Paramedics Charitable Foundation ($182k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% of the total. At year end it held assets of $457k against liabilities of $66k, net assets of $390k.