Rose Fire Company No 1 Volunteer Fire Rescue & Ambulance

Analysis

Rose Fire Company No 1 Volunteer Fire Rescue & Ambulance is a registered charity in United States, based in New Freedom, PA. It received its IRS tax-exemption ruling in June 1993, 33 years ago. 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, Rose Fire Company No 1 Volunteer Fire Rescue & Ambulance reported income of $1.0m and spending of $1.1m, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $954k to $1.0m (+8.2%), an average of +2.0% a year. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Rose Fire Company No 1 Volunteer Fire Rescue & Ambulance sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 78th percentile within PA. Charities of a similar size with the same main cause include Golden State Youth Orchestra Association ($1.0m), Axeals Foundation ($1.0m) and The Mainstay Foundation ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 42% and program service revenue 44% of the total. Compensation of current officers, directors and key employees was $15k (1.4% of expenses). Other salaries and wages came to $520k. At year end it held assets of $3.4m against liabilities of $268k, net assets of $3.1m. It reported 24 employees.