Fame Fire Company No 3 of West Chester Pa

Analysis

Fame Fire Company No 3 of West Chester Pa is a registered charity in United States, based in West Chester, PA. It received its IRS tax-exemption ruling in May 2015, 11 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, Fame Fire Company No 3 of West Chester Pa reported income of $512k and spending of $237k, leaving 54% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $216k to $512k (+137%), an average of +24% a year. The sharpest change came in the year to December 2020, when income rose by 404%. Over the whole period it spent 24% 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, Fame Fire Company No 3 of West Chester Pa sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 69th percentile within PA. Charities of a similar size with the same main cause include Home Fire Sprinkler Coalition Inc ($512k), South Hill Volunteer Fire Department ($512k) and Mocanaqua Volunteer Fire Company No 1 Inc ($512k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 1.4% of the total. It paid $3,963 in professional fundraising fees. At year end it held assets of $5.4m against liabilities of $738k, net assets of $4.7m.