Liberty Fire Co No 1

Analysis

Liberty Fire Co No 1 is a registered charity in United States, based in Schuykl Havn, PA. It received its IRS tax-exemption ruling in November 2004, 22 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, Liberty Fire Co No 1 reported income of $92k and spending of $76k, spending 83% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $619k to $92k (-85%), an average of -47% a year. The sharpest change came in the year to December 2021, when income dropped by 76%. Over the whole period it spent 93% 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, Liberty Fire Co No 1 sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 33rd percentile within PA. Charities of a similar size with the same main cause include Bumpass Volunteer Fire Department ($92k), Farmingville Fire Department Vol Exempt Firemens Benevolent Assoc ($92k) and California Public Safety Radio Assoc ($92k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 79% of the total. At year end it held assets of $158k against liabilities of $5,203, net assets of $153k.