Broomall Fire Company

Analysis

Broomall Fire Company is a registered charity in United States, based in Broomall, PA. It received its IRS tax-exemption ruling in March 2004, 22 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, Broomall Fire Company reported income of $684k and spending of $812k, spending 119% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.3m to $684k (-70%), an average of -26% a year. The sharpest change came in the year to December 2020, when income dropped by 52%. Over the whole period it spent 71% 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, Broomall Fire Company sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 73rd percentile within PA. Charities of a similar size with the same main cause include South Berkeley Volunteer Fire Company ($682k), Odenton Voluteer Fire Company Inc Odenton Anne Arundel County of MD ($684k) and Silver Valley Volunteer Fire Department Inc ($682k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% and program service revenue 1.0% of the total. At year end it held assets of $11.9m against liabilities of $874k, net assets of $11.0m.