Walnuttown Fire Company No 1

Analysis

Walnuttown Fire Company No 1 is a registered charity in United States, based in Fleetwood, PA. It received its IRS tax-exemption ruling in August 2001, 25 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3).

In the financial year ending December 2023, Walnuttown Fire Company No 1 reported income of $139k and spending of $142k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $215k to $139k (-35%), an average of -10% a year. The sharpest change came in the year to December 2021, when income rose by 144%. Over the whole period it spent 68% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Walnuttown Fire Company No 1 sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 43rd percentile within PA. Charities of a similar size with the same main cause include Little League Baseball Inc ($139k), Whittier Regional Symphony ($139k) and PTA California Congress of Parents Teachers & Students Inc ($139k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% of the total. At year end it held assets of $457k against liabilities of $100k, net assets of $357k.