Lionville Fire Company

Analysis

Lionville Fire Company is a registered charity in United States, based in Exton, PA. It received its IRS tax-exemption ruling in June 1988, 38 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, Lionville Fire Company reported income of $688k and spending of $519k, leaving 25% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $535k to $688k (+29%), an average of +6.5% a year. The sharpest change came in the year to December 2020, when income rose by 161%. Over the whole period it spent 67% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lionville Fire Company sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 73rd percentile within PA. Charities of a similar size with the same main cause include St Luke Geriatric Center Inc ($687k), Arc Maryland Inc ($688k) and Academy of Music Endowment Fund ($687k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% and program service revenue 0.8% of the total. It paid $13k in professional fundraising fees. At year end it held assets of $9.1m against liabilities of $268k, net assets of $8.9m.