Silver Spring Community Fire Company

Analysis

Silver Spring Community Fire Company is a registered charity in United States, based in Mechanicsburg, PA. It received its IRS tax-exemption ruling in July 2005, 21 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, Silver Spring Community Fire Company reported income of $1.0m and spending of $1.3m, spending 129% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $932k to $1.0m (+11%), an average of +2.6% a year. The sharpest change came in the year to December 2021, when income rose by 20%. Over the whole period it spent 96% 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, Silver Spring Community Fire Company sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 78th percentile within PA. Charities of a similar size with the same main cause include Rebuild North Bay Foundation ($1.0m), Nuestra Comunidad ($1.0m) and Water Witch Fire Co Inc ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.8% and program service revenue 82% of the total. Other salaries and wages came to $202k. At year end it held assets of $2.8m against liabilities of $43k, net assets of $2.7m. It reported 3 employees.