Mt Penn Fire Company

Analysis

Mt Penn Fire Company is a registered charity in United States, based in Mt Penn, PA. It received its IRS tax-exemption ruling in November 2002, 24 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, Mt Penn Fire Company reported income of $696k and spending of $279k, leaving 60% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $164k to $696k (+324%), an average of +44% a year. The sharpest change came in the year to December 2023, when income rose by 152%. Over the whole period it spent 74% 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, Mt Penn Fire Company sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 73rd percentile within PA. Charities of a similar size with the same main cause include Community Volunteer Fire Co Inc of District No 12 ($694k), Otto Volunteer Fire and Rescue Inc ($697k) and South Glens Falls Fire Co Inc ($694k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 0.1% of the total. At year end it held assets of $1.0m against liabilities of $109k, net assets of $892k.