Citizens Fire Co No 1 of Mt Holly Springs Pa

Analysis

Citizens Fire Co No 1 of Mt Holly Springs Pa is a registered charity in United States, based in Mt Holly SPGS, PA. It received its IRS tax-exemption ruling in November 2021, 5 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, Citizens Fire Co No 1 of Mt Holly Springs Pa reported income of $694k and spending of $665k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $525k to $694k (+32%), an average of +7.2% a year. The sharpest change came in the year to December 2021, when income rose by 61%. Over the whole period it spent 86% 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, Citizens Fire Co No 1 of Mt Holly Springs Pa 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 Gladwyne Fire Co ($692k), South Glens Falls Fire Co Inc ($694k) and Conservancy for the Range of the Condor ($691k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 11% and program service revenue 60% of the total. Compensation of current officers, directors and key employees was $891 (0.1% of expenses). Other salaries and wages came to $110k. It paid $7,712 in professional fundraising fees. At year end it held assets of $3.8m against liabilities of $550k, net assets of $3.2m. It reported 16 employees.