Freedom Township Volunteer Fire Co

Analysis

Freedom Township Volunteer Fire Co is a registered charity in United States, based in East Freedom, PA. It received its IRS tax-exemption ruling in April 2011, 15 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, Freedom Township Volunteer Fire Co reported income of $300k and spending of $148k, leaving 51% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $160k to $300k (+87%), an average of +17% a year. The sharpest change came in the year to December 2023, when income rose by 52%. Over the whole period it spent 70% 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, Freedom Township Volunteer Fire Co sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 60th percentile within PA. Charities of a similar size with the same main cause include Derry TWP Volunteer Fire Dept & Relief Assoc ($299k), Bendersville Community Fire Company Incorporated ($300k) and Coffee County Rescue Squad Inc ($299k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 58% of the total. At year end it held assets of $1.1m against liabilities of $60k, net assets of $1.1m.