Hanover Township Volunteer Fire Co

Analysis

Hanover Township Volunteer Fire Co is a registered charity in United States, based in Bethlehem, PA. It received its IRS tax-exemption ruling in December 1985, 41 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, Hanover Township Volunteer Fire Co reported income of $1.3m and spending of $1.0m, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $833k to $1.3m (+56%), an average of +12% a year. The sharpest change came in the year to December 2023, when income rose by 36%. Over the whole period it spent 89% 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, Hanover Township Volunteer Fire Co sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 80th percentile within PA. Charities of a similar size with the same main cause include Foot Locker Foundation Inc ($1.3m), Pro Bono Publico Foundation ($1.3m) and Bexar County Esd 5 Fire and Rescue ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 23% and program service revenue 76% of the total. Other salaries and wages came to $453k. At year end it held assets of $2.5m against liabilities of $667k, net assets of $1.9m. It reported 46 employees.