Milford Township Vol Fire Co 1

Analysis

Milford Township Vol Fire Co 1 is a registered charity in United States, based in Milford SQ, PA. It received its IRS tax-exemption ruling in December 1994, 32 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, Milford Township Vol Fire Co 1 reported income of $434k and spending of $317k, leaving 27% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $346k to $434k (+26%), an average of +5.9% a year. The sharpest change came in the year to December 2021, when income rose by 44%. Over the whole period it spent 76% 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, Milford Township Vol Fire Co 1 sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 66th percentile within PA. Charities of a similar size with the same main cause include Kingwood Township Volunteer Fire Company No 1 ($434k), Lakeview Fire Protection District ($435k) and Traffic Injury Research Foundation USA Inc ($434k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% and program service revenue 12% of the total. At year end it held assets of $3.0m against liabilities of $2,750, net assets of $3.0m.