Belmont Hills Fire Co

Analysis

Belmont Hills Fire Co is a registered charity in United States, based in Bala Cynwyd, PA. It received its IRS tax-exemption ruling in October 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 (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, Belmont Hills Fire Co reported income of $483k and spending of $457k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $418k to $483k (+16%), an average of +3.7% a year. The sharpest change came in the year to December 2020, when income rose by 19%. Over the whole period it spent 87% 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, Belmont Hills Fire Co sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 68th percentile within PA. Charities of a similar size with the same main cause include New Creek Volunteer Fire Department Inc ($483k), Brock-Dennis Volunteer Fire Department Inc ($483k) and Molecular Biology Consortium Inc ($483k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Other salaries and wages came to $213k. At year end it held assets of $1.6m against liabilities of $0, net assets of $1.6m. It reported 13 employees.