Collegeville Fire Company No 1

Analysis

Collegeville Fire Company No 1 is a registered charity in United States, based in Collegeville, PA. It received its IRS tax-exemption ruling in September 2002, 24 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, Collegeville Fire Company No 1 reported income of $425k and spending of $439k, spending 103% of its income. The sharpest change came in the year to December 2022, when income rose by 112%. Over the whole period it spent 62% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Collegeville Fire Company No 1 sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 66th percentile within PA. Charities of a similar size with the same main cause include The Teen Center ($425k), Summit Educational Association Inc ($425k) and Help Our Military Heroes Inc ($425k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 0.4% of the total. At year end it held assets of $3.9m against liabilities of $1.5m, net assets of $2.4m.