Modena Fire Company 1

Analysis

Modena Fire Company 1 is a registered charity in United States, based in Coatesville, PA. It received its IRS tax-exemption ruling in March 2001, 25 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, Modena Fire Company 1 reported income of $760k and spending of $716k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $478k to $760k (+59%), an average of +12% a year. The sharpest change came in the year to December 2023, when income rose by 40%. Over the whole period it spent 98% 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, Modena Fire Company 1 sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 74th percentile within PA. Charities of a similar size with the same main cause include Fire Safe Council of Siskiyou County ($760k), Hilltown Community Ambulance Association Inc ($761k) and West Lake Fire Department ($757k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 52% and program service revenue 46% of the total. Other salaries and wages came to $259k. It paid $8,818 in professional fundraising fees. At year end it held assets of $997k against liabilities of $306k, net assets of $690k.