Osceola Fire Department Inc

Analysis

Osceola Fire Department Inc is a registered charity in United States, based in Osceola, PA. It received its IRS tax-exemption ruling in November 2014, 12 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, Osceola Fire Department Inc reported income of $65k and spending of $103k, spending 158% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income fell from $66k to $65k (-0.4%), an average of -0.1% a year. The sharpest change came in the year to December 2021, when income rose by 40%. Over the whole period it spent 134% 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, Osceola Fire Department Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 24th percentile within PA. Charities of a similar size with the same main cause include Eau Claire Volunteer Fire Department and Auxiliary ($65k), Ruby Tuesday Team Disaster Response Fund ($65k) and Holmes Marshall Volunteer Fire Co ($65k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% of the total. At year end it held assets of $434k against liabilities of $163k, net assets of $272k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.