Falls Township Fire Company No 1

Analysis

Falls Township Fire Company No 1 is a registered charity in United States, based in Morrisville, PA. It received its IRS tax-exemption ruling in October 1988, 38 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, Falls Township Fire Company No 1 reported income of $440k and spending of $272k, leaving 38% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $319k to $440k (+38%), an average of +8.4% a year. The sharpest change came in the year to December 2021, when income rose by 80%. Over the whole period it spent 83% 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, Falls Township Fire Company No 1 sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 66th percentile within PA. Charities of a similar size with the same main cause include Blackmans Crossroads Volunteer Fire Department Inc ($440k), South Surry Volunteer Fire Department Inc ($441k) and Monarch Fire Company No 1 ($440k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 72% of the total. At year end it held assets of $2.3m against liabilities of $113k, net assets of $2.2m.