Scranton Volunteer Fire Company

Analysis

Scranton Volunteer Fire Company is a registered charity in United States, based in Hamburg, NY. It received its IRS tax-exemption ruling in January 2018, 8 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, Scranton Volunteer Fire Company reported income of $931k and spending of $816k, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $596k to $931k (+56%), an average of +12% a year. The sharpest change came in the year to December 2023, when income rose by 50%. Over the whole period it spent 85% 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, Scranton Volunteer Fire Company sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 74th percentile within NY. Charities of a similar size with the same main cause include Montgomery County Fire Chiefs Association ($930k), Whiteford Volunteer Fire Company Inc ($932k) and Agriculture Center Volunteer Fire Department Inc ($929k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 3.6% of the total. At year end it held assets of $3.5m against liabilities of $1.5m, net assets of $2.0m.