Perkasie Fire Company No 1

Analysis

Perkasie Fire Company No 1 is a registered charity in United States, based in Perkasie, PA. It received its IRS tax-exemption ruling in May 1995, 31 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 September 2023, Perkasie Fire Company No 1 reported income of $323k and spending of $254k, leaving 21% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $276k to $323k (+17%), an average of +4.0% a year. The sharpest change came in the year to September 2021, when income rose by 36%. Over the whole period it spent 78% 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, Perkasie Fire Company No 1 sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 61st percentile within PA. Charities of a similar size with the same main cause include Glasgow Volunteer Fire Department ($322k), Princess Anne Courthouse Volunteer Rescue Squad and Fire Department ($323k) and Kohlsville Vol Fire Dept ($322k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 89% of the total. It paid $6,850 in professional fundraising fees. At year end it held assets of $1.7m against liabilities of $155k, net assets of $1.5m.