Weavertown Fire Co 1

Analysis

Weavertown Fire Co 1 is a registered charity in United States, based in Lebanon, PA. It received its IRS tax-exemption ruling in December 1993, 33 years ago. 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, Weavertown Fire Co 1 reported income of $166k and spending of $198k, spending 120% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $491k to $166k (-66%), an average of -24% a year. The sharpest change came in the year to December 2020, when income dropped by 59%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Weavertown Fire Co 1 sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 47th percentile within PA. Charities of a similar size with the same main cause include North Baptist Church ($166k), Santa Clarita Valley Youth Orchestra ($166k) and Lillian and Coleman Taube Museum of Art ($166k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% and program service revenue 12% of the total. At year end it held assets of $1.5m against liabilities of $606k, net assets of $939k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.