Elkland Borough Volunteer Fire Department

Analysis

Elkland Borough Volunteer Fire Department is a registered charity in United States, based in Elkland, PA. It received its IRS tax-exemption ruling in July 1989, 37 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, Elkland Borough Volunteer Fire Department reported income of $188k and spending of $68k, leaving 64% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $119k to $188k (+58%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 45%. Over the whole period it spent 39% 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, Elkland Borough Volunteer Fire Department sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 50th percentile within PA. Charities of a similar size with the same main cause include Young Mens Volunteer Fire Company ($188k), Irvington Fire Company Inc ($188k) and Cranberry Lake Volunteer Fire Dept ($187k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 33% of the total. Compensation of current officers, directors and key employees was $500 (0.7% of expenses). At year end it held assets of $2.0m against liabilities of $44k, net assets of $2.0m.