Newburg Fire Association

Analysis

Newburg Fire Association is a registered charity in United States, based in Altoona, PA. It received its IRS tax-exemption ruling in July 2019, 7 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Newburg Fire Association reported income of $257k and spending of $436k, spending 169% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $450k to $257k (-43%), an average of -13% a year. The sharpest change came in the year to December 2021, when income rose by 204%. Over the whole period it spent 105% 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, Newburg Fire Association sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 57th percentile within PA. Charities of a similar size with the same main cause include Friends of the Sawtooth National Forest Avalanche Center Inc ($257k), Goodwill Fire Co No 1 Jacobus Pa ($257k) and Crystal Beach Volunteer Fire Department Inc ($257k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 18% of the total. Compensation of current officers, directors and key employees was $44k (10% of expenses). Other salaries and wages came to $35k. At year end it held assets of $1.4m against liabilities of $630k, net assets of $723k. It reported 21 employees.