Albion Volunteer Fire Department

Analysis

Albion Volunteer Fire Department is a registered charity in United States, based in Albion, PA. It received its IRS tax-exemption ruling in November 2017, 9 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, Albion Volunteer Fire Department reported income of $236k and spending of $232k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $281k to $236k (-16%), an average of -4.3% a year. The sharpest change came in the year to December 2023, when income dropped by 41%. Over the whole period it spent 86% 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, Albion Volunteer Fire Department sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 55th percentile within PA. Charities of a similar size with the same main cause include The Wadesville Center Township Volunteer Fire Department Inc ($236k), Claridge Volunteer Fire Department and Relief Association ($236k) and Springfield Township Delaware County Firemens Relief Association ($235k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 60% and program service revenue 38% of the total. Other salaries and wages came to $1,500. At year end it held assets of $769k against liabilities of $33k, net assets of $735k. It reported 6 employees.