Middletown Fire Company No 1

Analysis

Middletown Fire Company No 1 is a registered charity in United States, based in Media, PA. It received its IRS tax-exemption ruling in June 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, Middletown Fire Company No 1 reported income of $468k and spending of $267k, leaving 43% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $307k to $468k (+52%), an average of +11% a year. The sharpest change came in the year to December 2023, when income rose by 20%. Over the whole period it spent 75% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Middletown Fire Company No 1 sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 67th percentile within PA. Charities of a similar size with the same main cause include Mount Nittany Medical Center ($468k), Association for the Friends of Justice for the 43rd Judicial Circ ($468k) and East Georgia State College Foundation of Georgia Southern Uni ($468k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 32% and program service revenue 0.8% of the total. It paid $2,307 in professional fundraising fees. At year end it held assets of $2.1m against liabilities of $0, net assets of $2.1m.