Quakertown Volunteer Fire Co 1

Analysis

Quakertown Volunteer Fire Co 1 is a registered charity in United States, based in Quakertown, PA. It received its IRS tax-exemption ruling in September 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 (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, Quakertown Volunteer Fire Co 1 reported income of $203k and spending of $142k, leaving 30% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $287k to $203k (-29%), an average of -8.3% a year. The sharpest change came in the year to December 2020, when income dropped by 40%. 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, Quakertown Volunteer Fire Co 1 sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 52nd percentile within PA. Charities of a similar size with the same main cause include Stevenson Volunteer Fire Company Inc ($203k), Marion Township Volunteer Fire Department Inc ($203k) and Etna Volunteer Fire Department Incorporated ($203k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 62% and program service revenue 0.2% of the total. At year end it held assets of $2.7m against liabilities of $266k, net assets of $2.5m.