Lower Fredrick Fire Co Inc

Analysis

Lower Fredrick Fire Co Inc is a registered charity in United States, based in Schwenksville, PA. It received its IRS tax-exemption ruling in June 1992, 34 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, Lower Fredrick Fire Co Inc reported income of $502k and spending of $298k, leaving 41% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $244k to $502k (+106%), an average of +20% a year. The sharpest change came in the year to December 2023, when income rose by 104%. Over the whole period it spent 91% 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, Lower Fredrick Fire Co Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 68th percentile within PA. Charities of a similar size with the same main cause include Kenova Volunteer Fire Dept ($502k), Brogden Rural Fire Department Inc ($503k) and Madison County Volunteer Fire Co Inc ($502k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% of the total. At year end it held assets of $2.0m against liabilities of $409k, net assets of $1.6m.