Wilmot Fire Co

Analysis

Wilmot Fire Co is a registered charity in United States, based in New Albany, PA. It received its IRS tax-exemption ruling in March 1992, 34 years ago. 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, Wilmot Fire Co reported income of $124k and spending of $29k, leaving 76% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $70k to $124k (+77%), an average of +15% a year. The sharpest change came in the year to December 2020, when income rose by 62%. Over the whole period it spent 32% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Wilmot Fire Co sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 40th percentile within PA. Charities of a similar size with the same main cause include California Narcotic Officers Association Survivors Memorial FND ($124k), Alabama Poultry Foundation Inc ($124k) and Illinois Engineering Initiative ($124k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 49% and program service revenue 19% of the total. At year end it held assets of $1.7m against liabilities of $0, net assets of $1.7m.