Skippack Fire Company Inc

Analysis

Skippack Fire Company Inc is a registered charity in United States, based in Skippack, PA. It received its IRS tax-exemption ruling in December 1982, 44 years ago. 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, Skippack Fire Company Inc reported income of $412k and spending of $552k, spending 134% of what it took in. Across the 3 years on record, from December 2019 to December 2023, income fell from $636k to $412k (-35%), an average of -20% a year. The sharpest change came in the year to December 2022, when income dropped by 26%. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Skippack Fire Company Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 65th percentile within PA. Charities of a similar size with the same main cause include Brooklyn Alliance Capital Inc ($412k), Coastal Repertory Theatre Inc ($412k) and Sithub ($412k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 55% and program service revenue 1.4% of the total. At year end it held assets of $4.4m against liabilities of $1.6m, net assets of $2.8m.