Bon Air Fire Company

Analysis

Bon Air Fire Company is a registered charity in United States, based in Havertown, PA. It received its IRS tax-exemption ruling in February 1991, 35 years ago. 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, Bon Air Fire Company reported income of $101k and spending of $152k, spending 150% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $121k to $101k (-17%), an average of -4.5% a year. The sharpest change came in the year to December 2023, when income dropped by 26%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Bon Air Fire Company sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 35th percentile within PA. Charities of a similar size with the same main cause include Council of Religious Leaders of Metropolitan Chicago ($101k), Chisholm Ski Club Association Inc ($101k) and Pleasant Gap Lutheran Housing Community Inc ($101k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% of the total. At year end it held assets of $474k against liabilities of $2,765, net assets of $471k.