Eureka Volunteer Fire and Ambulance Co Inc

Analysis

Eureka Volunteer Fire and Ambulance Co Inc is a registered charity in United States, based in Stewartstown, PA. It received its IRS tax-exemption ruling in February 1982, 44 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, Eureka Volunteer Fire and Ambulance Co Inc reported income of $1.5m and spending of $1.8m, spending 119% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.5m (+40%), an average of +8.8% a year. The sharpest change came in the year to December 2020, when income rose by 51%. Over the whole period it spent 95% 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, Eureka Volunteer Fire and Ambulance Co Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 82nd percentile within PA. Charities of a similar size with the same main cause include Albertson H & L & E H Co I Inc ($1.5m), Lower Providence Community Center ($1.5m) and Pelzer Rescue Squad ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 22% and program service revenue 37% of the total. Compensation of current officers, directors and key employees was $11k (0.6% of expenses). Other salaries and wages came to $374k. It paid $13k in professional fundraising fees. At year end it held assets of $2.1m against liabilities of $0, net assets of $2.1m. It reported 25 employees.

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.