Hobbie Volunteer Fire Company 1

Analysis

Hobbie Volunteer Fire Company 1 is a registered charity in United States, based in Wapwallopen, PA. It received its IRS tax-exemption ruling in February 2003, 23 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, Hobbie Volunteer Fire Company 1 reported income of $140k and spending of $72k, leaving 48% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $131k to $140k (+6.9%), an average of +1.7% a year. The sharpest change came in the year to December 2021, when income rose by 92%. Over the whole period it spent 68% 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, Hobbie Volunteer Fire Company 1 sits at the 49th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 43rd percentile within PA. Charities of a similar size with the same main cause include Carters Valley Volunteer Fire Department ($140k), Cowlesville Fire Company Inc ($140k) and Payneville Volunteer Fire Department Inc ($140k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $924k against liabilities of $0, net assets of $924k.