Penngrove Social Firemen

Analysis

Penngrove Social Firemen is a registered charity in United States, based in Penngrove, CA. It received its IRS tax-exemption ruling in September 2012, 14 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Penngrove Social Firemen reported income of $179k and spending of $100k, leaving 44% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $121k to $179k (+48%), an average of +48% a year. The sharpest change came in the year to December 2023, when income rose by 48%. Over the whole period it spent 76% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Penngrove Social Firemen 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 51st percentile, and in the 53rd percentile within CA. Charities of a similar size with the same main cause include Peace Peloton ($178k), Junior League of Texarkana Inc ($179k) and California Urban Partnership ($178k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 67% of the total. At year end it held assets of $228k against liabilities of $2,500, net assets of $225k.