East End Fire Company No 2 of Palo Alto

Analysis

East End Fire Company No 2 of Palo Alto is a registered charity in United States, based in Palo Alto, PA. It received its IRS tax-exemption ruling in June 2020, 6 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, East End Fire Company No 2 of Palo Alto reported income of $73k and spending of $89k, spending 122% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $46k to $73k (+58%), an average of +58% a year. The sharpest change came in the year to December 2023, when income rose by 58%. Over the whole period it spent 123% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, East End Fire Company No 2 of Palo Alto sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 27th percentile within PA. Charities of a similar size with the same main cause include PTA California Congress of Parents Teachers & Students Inc ($73k), PTA Pennsylvania Congress ($73k) and PTA Florida Congress ($73k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 46% of the total. At year end it held assets of $149k against liabilities of $0, net assets of $149k.