Abington Fire Company 255501

Analysis

Abington Fire Company 255501 is a registered charity in United States, based in Abington, PA. It received its IRS tax-exemption ruling in July 2021, 5 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, Abington Fire Company 255501 reported income of $474k and spending of $326k, leaving 31% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $302k to $474k (+57%), an average of +12% a year. The sharpest change came in the year to December 2023, when income rose by 59%. Over the whole period it spent 94% 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, Abington Fire Company 255501 sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 67th percentile within PA. Charities of a similar size with the same main cause include Richlands Volunteer Fire Department Inc ($474k), Falkland Rescue and Emergency Medical Services Inc ($474k) and Lanoka Harbor Emergency Medical Services Inc ($474k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% of the total. It paid $6,194 in professional fundraising fees. At year end it held assets of $1.8m against liabilities of $649k, net assets of $1.2m.