Smithfield Fire Company No 1

Analysis

Smithfield Fire Company No 1 is a registered charity in United States, based in Huntingdon, PA. It received its IRS tax-exemption ruling in August 2015, 11 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Smithfield Fire Company No 1 reported income of $304k and spending of $295k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $260k to $304k (+17%), an average of +4.0% a year. The sharpest change came in the year to December 2022, when income rose by 68%. Over the whole period it spent 72% 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, Smithfield Fire Company No 1 sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 60th percentile within PA. Charities of a similar size with the same main cause include Hinton Fire Rescue ($304k), Knott County Long Term Disaster Recovery Group Inc ($304k) and Franklin Volunteer Fire Department ($304k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 30% of the total. At year end it held assets of $1.3m against liabilities of $155k, net assets of $1.1m.