Phoenix Fire Engine Company No 2

Analysis

Phoenix Fire Engine Company No 2 is a registered charity in United States, based in Pottsville, PA. It received its IRS tax-exemption ruling in March 2012, 14 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, Phoenix Fire Engine Company No 2 reported income of $72k and spending of $84k, spending 115% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $65k to $72k (+12%), an average of +2.8% a year. The sharpest change came in the year to December 2020, when income rose by 35%. Over the whole period it spent 112% 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, Phoenix Fire Engine Company No 2 sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 27th percentile within PA. Charities of a similar size with the same main cause include Tyler Community Volunteer Fire Department Inc ($72k), Martindale Volunteer Fire Department Company ($72k) and Whitefish Firefighters Association ($72k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 68% and program service revenue 1.4% of the total. Compensation of current officers, directors and key employees was $1,000 (1.2% of expenses). At year end it held assets of $616k against liabilities of $253k, net assets of $363k.