Gouldsboro Volunteer Fire Dept Inc

Analysis

Gouldsboro Volunteer Fire Dept Inc is a registered charity in United States, based in Gouldsboro, PA. It received its IRS tax-exemption ruling in March 2022, 4 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, Gouldsboro Volunteer Fire Dept Inc reported income of $274k and spending of $187k, leaving 32% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $183k to $274k (+50%), an average of +11% a year. The sharpest change came in the year to December 2020, when income rose by 55%. Over the whole period it spent 95% 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, Gouldsboro Volunteer Fire Dept Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 58th percentile within PA. Charities of a similar size with the same main cause include Barrett Township Volunteer Fire Company ($274k), Kids and Cars Inc ($275k) and Savannah Volunteer Fire Company ($274k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 3.6% of the total. At year end it held assets of $1.3m against liabilities of $375k, net assets of $931k.