Media Fire & Hook & Ladder Co No 1 Inc

Analysis

Media Fire & Hook & Ladder Co No 1 Inc is a registered charity in United States, based in Media, PA. It received its IRS tax-exemption ruling in January 1996, 30 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Media Fire & Hook & Ladder Co No 1 Inc reported income of $1.4m and spending of $1.5m, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $665k to $1.4m (+105%), an average of +20% a year. The sharpest change came in the year to December 2020, when income rose by 74%. Over the whole period it spent 104% 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, Media Fire & Hook & Ladder Co No 1 Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within PA. Charities of a similar size with the same main cause include Amador Fire Safe Council ($1.4m), Widows Orphans and Disabled Firefighters Fund ($1.4m) and Slippery Rock Volunteer Fire Co & Rescue Team ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 36% and program service revenue 64% of the total. Other salaries and wages came to $420k. It paid $13k in professional fundraising fees. At year end it held assets of $1.5m against liabilities of $161k, net assets of $1.3m. It reported 21 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.