Fairless Hills Volunteer Fire Company

Analysis

Fairless Hills Volunteer Fire Company is a registered charity in United States, based in Fairless HLS, PA. It received its IRS tax-exemption ruling in June 1991, 35 years ago. 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, Fairless Hills Volunteer Fire Company reported income of $360k and spending of $343k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $502k to $360k (-28%), an average of -7.9% a year. The sharpest change came in the year to December 2020, when income dropped by 48%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Fairless Hills Volunteer Fire Company sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 63rd percentile within PA. Charities of a similar size with the same main cause include Chestnut Hill Business Improvement District ($360k), Ruth Newman Shapiro Cancer Memorial Fund ($360k) and Francis Xavier Plaza Inc ($360k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 62% of the total. It paid $3,964 in professional fundraising fees. At year end it held assets of $3.3m against liabilities of $441k, net assets of $2.9m.