Gladwyne Fire Co

Analysis

Gladwyne Fire Co is a registered charity in United States, based in Gladwyne, PA. It received its IRS tax-exemption ruling in January 1983, 43 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, Gladwyne Fire Co reported income of $692k and spending of $623k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $593k to $692k (+17%), an average of +3.9% a year. The sharpest change came in the year to December 2022, when income dropped by 18%. Over the whole period it spent 98% 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, Gladwyne Fire Co 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 Conservancy for the Range of the Condor ($691k), Citizens Fire Co No 1 of Mt Holly Springs Pa ($694k) and Brother Charlies Rescue Center Inc ($688k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% of the total. Compensation of current officers, directors and key employees was $12k (1.9% of expenses). Other salaries and wages came to $282k. At year end it held assets of $2.5m against liabilities of $1.5m, net assets of $957k. It reported 11 employees.