Penn Forest Township Volunteer Fire Co No 1

Analysis

Penn Forest Township Volunteer Fire Co No 1 is a registered charity in United States, based in Jim Thorpe, PA. It received its IRS tax-exemption ruling in February 2002, 24 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, Penn Forest Township Volunteer Fire Co No 1 reported income of $361k and spending of $254k, leaving 30% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $210k to $361k (+71%), an average of +14% a year. The sharpest change came in the year to December 2023, when income rose by 36%. Over the whole period it spent 87% 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, Penn Forest Township Volunteer Fire Co No 1 sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 63rd percentile within PA. Charities of a similar size with the same main cause include Monroe Vol Fire Dept No 1 Inc ($361k), Mitchiners Cross Road Rural Fire Department Inc ($361k) and Dorrance Township Volunteer Fire Department ($361k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% and program service revenue 0.7% of the total. At year end it held assets of $1.6m against liabilities of $632k, net assets of $998k.