Howard Fire Company No 1 Inc

Analysis

Howard Fire Company No 1 Inc is a registered charity in United States, based in Howard, PA. It received its IRS tax-exemption ruling in April 1993, 33 years ago. 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 February 2023, Howard Fire Company No 1 Inc reported income of $375k and spending of $263k, leaving 30% of income unspent that year. Across the 5 years on record, from February 2019 to February 2023, income grew from $234k to $375k (+60%), an average of +12% a year. The sharpest change came in the year to February 2023, when income rose by 99%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Howard Fire Company No 1 Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 64th percentile within PA. Charities of a similar size with the same main cause include Peninsula Seniors ($375k), East Windsor Police Athletic League ($375k) and Lane Tech Alumni Association Inc ($375k).

On its Form 990 for the period ending February 2023, revenue came from contributions and grants 80% and program service revenue 0.8% of the total. It paid $2,347 in professional fundraising fees. At year end it held assets of $1.3m against liabilities of $544k, net assets of $707k.