The Garden City Fire Company No 1

Analysis

The Garden City Fire Company No 1 is a registered charity in United States, based in Wallingford, PA. It received its IRS tax-exemption ruling in June 2014, 12 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 Garden City Fire Company No 1 reported income of $251k and spending of $293k, spending 117% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $141k to $251k (+78%), an average of +16% a year. The sharpest change came in the year to December 2021, when income rose by 436%. Over the whole period it spent 88% 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 Garden City Fire Company No 1 sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 56th percentile within PA. Charities of a similar size with the same main cause include North Montgomery Volunteer Fire Department Inc ($251k), Palmer Springs Volunteer Fire Department Incorporated ($251k) and Highland Volunteer Fire Department ($251k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% of the total. It paid $7,254 in professional fundraising fees. At year end it held assets of $1.1m against liabilities of $295k, net assets of $782k.