Fredericksburg Fire Company No 1

Analysis

Fredericksburg Fire Company No 1 is a registered charity in United States, based in Fredericksbrg, PA. It received its IRS tax-exemption ruling in January 2008, 18 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, Fredericksburg Fire Company No 1 reported income of $565k and spending of $109k, leaving 81% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $303k to $565k (+87%), an average of +17% a year. The sharpest change came in the year to December 2021, when income rose by 362%. Over the whole period it spent 19% 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, Fredericksburg Fire Company No 1 sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 70th percentile within PA. Charities of a similar size with the same main cause include Union Fire Company of Manchester Borough York County Pennsylvania ($565k), Stewart Simmons Volunteer Fire Department of Watauga County Inc ($566k) and Huntingdon Regional Fire & Rescue ($565k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 72% and program service revenue 5.1% of the total. At year end it held assets of $3.3m against liabilities of $23k, net assets of $3.2m.