Herrick Volunteer Fire Company Inc

Analysis

Herrick Volunteer Fire Company Inc is a registered charity in United States, based in Wyalusing, PA. It received its IRS tax-exemption ruling in March 2009, 17 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Herrick Volunteer Fire Company Inc reported income of $105k and spending of $105k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $107k to $105k (-2.5%), an average of -2.5% a year. Over the whole period it spent 113% 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, Herrick Volunteer Fire Company Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 36th percentile within PA. Charities of a similar size with the same main cause include White Valley Volunteer Fire Department ($105k), Crash Core ($105k) and Warrensburg Volunteer Fire Company ($105k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 49% and program service revenue 6.3% of the total. At year end it held assets of $419k against liabilities of $40k, net assets of $379k.