Oakmont Fire Co No 1 of Haverford Township

Analysis

Oakmont Fire Co No 1 of Haverford Township is a registered charity in United States, based in Havertown, PA. It received its IRS tax-exemption ruling in July 2000, 26 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, Oakmont Fire Co No 1 of Haverford Township reported income of $255k and spending of $317k, spending 125% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $277k to $255k (-8.3%), an average of -2.1% a year. The sharpest change came in the year to December 2021, when income dropped by 17%. Over the whole period it spent 98% 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, Oakmont Fire Co No 1 of Haverford Township sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 56th percentile within PA. Charities of a similar size with the same main cause include Lawrenceville Fire Department ($254k), Aft Disaster Relief Fund ($255k) and Diligence Fire Co No 1 of Summit Hill Pennsylvania ($254k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% of the total. At year end it held assets of $2.7m against liabilities of $289k, net assets of $2.5m.