Perseverance Volunteer Fire Co

Analysis

Perseverance Volunteer Fire Co is a registered charity in United States, based in Souderton, PA. It received its IRS tax-exemption ruling in May 1992, 34 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, Perseverance Volunteer Fire Co reported income of $422k and spending of $343k, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $322k to $422k (+31%), an average of +7.0% a year. The sharpest change came in the year to December 2021, when income rose by 26%. Over the whole period it spent 79% 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, Perseverance 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 66th percentile within PA. Charities of a similar size with the same main cause include Lingohocken Fire Co ($422k), Orchard Beach Volunteer Fire Department Inc Orchard Beach ($422k) and Beech Island Volunteer Fire Dept ($422k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% of the total. It paid $4,583 in professional fundraising fees. At year end it held assets of $3.5m against liabilities of $164k, net assets of $3.3m.