Morrisville Fire Company

Analysis

Morrisville Fire Company is a registered charity in United States, based in Morrisville, PA. It received its IRS tax-exemption ruling in May 2003, 23 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 December 2023, Morrisville Fire Company reported income of $491k and spending of $438k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $424k to $491k (+16%), an average of +3.7% a year. The sharpest change came in the year to December 2023, when income rose by 58%. Over the whole period it spent 109% 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, Morrisville Fire Company sits at the 83rd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 68th percentile within PA. Charities of a similar size with the same main cause include Communities of Everglades Disaster Recovery ($490k), Orange Volunteer Fire Co Inc ($491k) and Millerton Volunteer Fire Dept ($490k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% of the total. It paid $5,000 in professional fundraising fees. At year end it held assets of $3.6m against liabilities of $1.5m, net assets of $2.1m.