Factoryville Fire Company

Analysis

Factoryville Fire Company is a registered charity in United States, based in Factoryville, PA. It received its IRS tax-exemption ruling in March 2012, 14 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, Factoryville Fire Company reported income of $300k and spending of $333k, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $360k to $300k (-17%), an average of -4.5% a year. The sharpest change came in the year to December 2023, when income dropped by 36%. Over the whole period it spent 106% 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, Factoryville Fire Company sits at the 72nd percentile: it is larger than about 72% 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 Bendersville Community Fire Company Incorporated ($300k), Worley Fire Foundation ($300k) and Freedom Township Volunteer Fire Co ($300k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 51% and program service revenue 20% of the total. Compensation of current officers, directors and key employees was $3,600 (1.1% of expenses). At year end it held assets of $2.7m against liabilities of $1.6m, net assets of $1.1m.