Northern Wayne Fire Co Inc

Analysis

Northern Wayne Fire Co Inc is a registered charity in United States, based in Lakewood, PA. It received its IRS tax-exemption ruling in October 2017, 9 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 December 2023, Northern Wayne Fire Co Inc reported income of $235k and spending of $148k, leaving 37% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $195k to $235k (+20%), an average of +4.7% a year. The sharpest change came in the year to December 2022, when income rose by 43%. Over the whole period it spent 70% 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, Northern Wayne Fire Co 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 57th percentile, and in the 55th percentile within PA. Charities of a similar size with the same main cause include Shawswick Volunteer Firefighters Assn ($235k), Le Mars Volunteer Fire Rescue ($235k) and Jefferson Township Volunteer Fire Co ($234k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 72% of the total. At year end it held assets of $1.2m against liabilities of $113k, net assets of $1.1m.