Mahoning Valley Volunteer Fire Company No 1

Analysis

Mahoning Valley Volunteer Fire Company No 1 is a registered charity in United States, based in Lehighton, PA. It received its IRS tax-exemption ruling in January 2013, 13 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, Mahoning Valley Volunteer Fire Company No 1 reported income of $246k and spending of $131k, leaving 47% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $73k to $246k (+235%), an average of +35% a year. The sharpest change came in the year to December 2021, when income rose by 186%. Over the whole period it spent 69% 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, Mahoning Valley Volunteer Fire Company No 1 sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 56th percentile within PA. Charities of a similar size with the same main cause include Liberty Road Volunteer Fire Co Inc ($246k), Wiconisco Fire Engine Company 1 Inc ($246k) and Townsend Area Volunteer Fire Department ($246k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% of the total. At year end it held assets of $608k against liabilities of $43k, net assets of $565k.