The Volunteer Fire Company No 1 of Coaldale Pennsylvania

Analysis

The Volunteer Fire Company No 1 of Coaldale Pennsylvania is a registered charity in United States, based in Coaldale, PA. It received its IRS tax-exemption ruling in May 2018, 8 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, The Volunteer Fire Company No 1 of Coaldale Pennsylvania reported income of $370k and spending of $159k, leaving 57% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $179k to $370k (+107%), an average of +44% a year. The sharpest change came in the year to December 2023, when income rose by 303%. Over the whole period it spent 73% 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, The Volunteer Fire Company No 1 of Coaldale Pennsylvania sits at the 77th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 63rd percentile within PA. Charities of a similar size with the same main cause include Fish River Marlow Community Volunteer Fire Department Inc ($370k), Missing Kid Alert ($370k) and Bowmansville Volunteer Fire Company ($370k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. It paid $1,418 in professional fundraising fees. At year end it held assets of $660k against liabilities of $285k, net assets of $375k.