Needmore Volunteer Fire Company

Analysis

Needmore Volunteer Fire Company is a registered charity in United States, based in Needmore, PA. It received its IRS tax-exemption ruling in December 1988, 38 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, Needmore Volunteer Fire Company reported income of $280k and spending of $177k, leaving 37% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $194k to $280k (+44%), an average of +9.6% a year. The sharpest change came in the year to December 2023, when income rose by 47%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Needmore Volunteer Fire Company sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 58th percentile within PA. Charities of a similar size with the same main cause include Gethsemane Ministries Inc ($280k), Sippican Historical Society ($280k) and Neat Repeats Resale Shop Inc ($280k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 18% and program service revenue 28% of the total. Other salaries and wages came to $24k. At year end it held assets of $814k against liabilities of $417k, net assets of $397k. It reported 6 employees.