Long Beach Firemens Memorial Assoc Fire Station No 1

Analysis

Long Beach Firemens Memorial Assoc Fire Station No 1 is a registered charity in United States, based in Signal Hill, CA. It received its IRS tax-exemption ruling in April 2020, 6 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, Long Beach Firemens Memorial Assoc Fire Station No 1 reported income of $58k and spending of $92k, spending 158% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $109k to $58k (-47%), an average of -47% a year. The sharpest change came in the year to December 2023, when income dropped by 47%. Over the whole period it spent 90% 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, Long Beach Firemens Memorial Assoc Fire Station No 1 sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 25th percentile within CA. Charities of a similar size with the same main cause include Manhasset-Lakeville Fire Department Company Four Auxillary Inc ($58k), VGF Legacy Fund ($58k) and Anthracite Fire Company Association of Mt Carmel Pa ($58k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $97k against liabilities of $0, net assets of $97k.