Wayne Township Volunteer Fire Company

Analysis

Wayne Township Volunteer Fire Company is a registered charity in United States, based in McElhattan, PA. It received its IRS tax-exemption ruling in April 2022, 4 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, Wayne Township Volunteer Fire Company reported income of $97k and spending of $121k, spending 125% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $128k to $97k (-24%), an average of -24% a year. The sharpest change came in the year to December 2023, when income dropped by 24%. Over the whole period it spent 116% 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, Wayne Township Volunteer Fire Company sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 34th percentile within PA. Charities of a similar size with the same main cause include Pungo River Volunteer Fire Department Inc ($97k), Lake Hiawatha Volunteer Firedepartment Assocation Inc ($97k) and Ladies Auxiliary of the Delawre City Fire Co No 1 ($97k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% of the total. At year end it held assets of $883k against liabilities of $346k, net assets of $537k.