Penndel Fire Co No 1

Analysis

Penndel Fire Co No 1 is a registered charity in United States, based in Penndel, PA. It received its IRS tax-exemption ruling in February 1993, 33 years ago. 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, Penndel Fire Co No 1 reported income of $310k and spending of $322k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $320k to $310k (-3.3%), an average of -0.8% a year. The sharpest change came in the year to December 2020, when income rose by 140%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Penndel Fire Co No 1 sits at the 61st percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 60th percentile within PA. Charities of a similar size with the same main cause include Arts North Carolina Inc ($310k), Frankfort Community Schools Building Trades Corporation ($310k) and Bellingham Christian School Foundation ($310k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 0.3% of the total. It paid $2,903 in professional fundraising fees. At year end it held assets of $2.3m against liabilities of $870k, net assets of $1.4m.