Community Fire Company of Seven Valleys Inc

Analysis

Community Fire Company of Seven Valleys Inc is a registered charity in United States, based in Seven Valleys, PA. It received its IRS tax-exemption ruling in December 2019, 7 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, Community Fire Company of Seven Valleys Inc reported income of $145k and spending of $124k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $171k to $145k (-15%), an average of -3.9% a year. The sharpest change came in the year to December 2021, when income rose by 66%. Over the whole period it spent 91% 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, Community Fire Company of Seven Valleys Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 44th percentile within PA. Charities of a similar size with the same main cause include Chip Terry Fund for First Responders Inc ($145k), Wilson Volunteer Fire Company ($146k) and Wax Volunteer Fire Department Inc ($145k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 61% of the total. At year end it held assets of $387k against liabilities of $69k, net assets of $319k.