Old Lycoming Township Volunteer Fire Co

Analysis

Old Lycoming Township Volunteer Fire Co is a registered charity in United States, based in Williamsport, PA. It received its IRS tax-exemption ruling in September 2022, 4 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, Old Lycoming Township Volunteer Fire Co reported income of $406k and spending of $454k, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $419k to $406k (-2.9%), an average of -0.7% a year. The sharpest change came in the year to December 2023, when income dropped by 20%. Over the whole period it spent 100% 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, Old Lycoming Township Volunteer Fire Co sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 65th percentile within PA. Charities of a similar size with the same main cause include Cooper Landing Emergency Service Inc ($406k), Belmont Fire Protection Distric Inc ($407k) and Waugh-Mt Meigs Volunteer Fire Department ($405k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 62% and program service revenue 18% of the total. Other salaries and wages came to $32k. At year end it held assets of $2.2m against liabilities of $147k, net assets of $2.1m. It reported 23 employees.