American Fire Company No 1

Analysis

American Fire Company No 1 is a registered charity in United States, based in Lansford, PA. It received its IRS tax-exemption ruling in June 2019, 7 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, American Fire Company No 1 reported income of $94k and spending of $101k, spending 107% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $464 to $94k (+20100%), an average of +189% a year. The sharpest change came in the year to December 2019, when income rose by 41532%. Over the whole period it spent 64% 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, American Fire Company No 1 sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 33rd percentile within PA. Charities of a similar size with the same main cause include Prospect Park Fire Company 1 ($94k), Parrottsville Volunteer Fire RT 2 Department Incorporated ($94k) and Madison Community Policing Foundation Inc ($94k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 56% and program service revenue 3.6% of the total. At year end it held assets of $705k against liabilities of $134k, net assets of $570k.