Good Will Fire Company No 1 of Port Carbon

Analysis

Good Will Fire Company No 1 of Port Carbon is a registered charity in United States, based in Port Carbon, PA. It received its IRS tax-exemption ruling in January 2005, 21 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, Good Will Fire Company No 1 of Port Carbon reported income of $83k and spending of $84k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $100k to $83k (-16%), an average of -16% a year. The sharpest change came in the year to December 2023, when income dropped by 16%. Over the whole period it spent 97% 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, Good Will Fire Company No 1 of Port Carbon sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 30th percentile within PA. Charities of a similar size with the same main cause include Vesta Rescue Squad Inc ($83k), Fincastle Volunteer Fire Department Inc ($84k) and Sioux Rapids Fire Fighters Association Incorporated ($83k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 55% of the total. At year end it held assets of $448k against liabilities of $182k, net assets of $266k.