Haycock Fire Company No 1

Analysis

Haycock Fire Company No 1 is a registered charity in United States, based in Quakertown, PA. It received its IRS tax-exemption ruling in December 2013, 13 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, Haycock Fire Company No 1 reported income of $241k and spending of $115k, leaving 52% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $151k to $241k (+59%), an average of +9.8% a year. The sharpest change came in the year to December 2023, when income rose by 53%. Over the whole period it spent 67% 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, Haycock Fire Company No 1 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 Pine Ridge Volunteer Fire Department ($240k), Towamensing Township Volunteer Fire Company ($241k) and Oak Wolfe Fire Department ($240k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 66% of the total. At year end it held assets of $808k against liabilities of $266k, net assets of $542k.