Milmont Fire Co No 1

Analysis

Milmont Fire Co No 1 is a registered charity in United States, based in Folsom, PA. It received its IRS tax-exemption ruling in June 2021, 5 years ago. 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, Milmont Fire Co No 1 reported income of $121k and spending of $102k, spending 84% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $104k to $121k (+16%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 16%. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Milmont Fire Co No 1 sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 40th percentile within PA. Charities of a similar size with the same main cause include Sacramento Synchronized Swim Team ($121k), Mount Pleasant Public Library ($121k) and PTA California Congress of Parents Teachers & Students Inc ($121k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 32% and program service revenue 35% of the total. At year end it held assets of $394k against liabilities of $0, net assets of $394k.