Franklin Fire Company

Analysis

Franklin Fire Company is a registered charity in United States, based in Chambersburg, PA. It received its IRS tax-exemption ruling in May 2001, 25 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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, Franklin Fire Company reported income of $759k and spending of $304k, leaving 60% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $818k to $759k (-7.2%), an average of -1.8% a year. The sharpest change came in the year to December 2021, when income rose by 97%. Over the whole period it spent 62% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Franklin Fire Company sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 74th percentile within PA. Charities of a similar size with the same main cause include India Evangelical Mission Inc ($759k), Adult Day Center of the Black Hills ($759k) and Next Ten ($759k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 46% and program service revenue 11% of the total. At year end it held assets of $6.8m against liabilities of $1,753, net assets of $6.8m.