Chalfont Chemical Fire Engine Company 1

Analysis

Chalfont Chemical Fire Engine Company 1 is a registered charity in United States, based in Chalfont, PA. It received its IRS tax-exemption ruling in December 1981, 45 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 (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, Chalfont Chemical Fire Engine Company 1 reported income of $579k and spending of $500k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $549k to $579k (+5.5%), an average of +1.3% a year. The sharpest change came in the year to December 2021, when income rose by 33%. Over the whole period it spent 78% 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, Chalfont Chemical Fire Engine Company 1 sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 70th percentile within PA. Charities of a similar size with the same main cause include Monroe Fire Company ($579k), White Horse Fire Company ($581k) and Park River Volunteer Fire Department ($579k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% of the total. At year end it held assets of $8.7m against liabilities of $652k, net assets of $8.1m.