Lincoln Borough Volunteer Fire Company

Analysis

Lincoln Borough Volunteer Fire Company is a registered charity in United States, based in Elizabeth, PA. It received its IRS tax-exemption ruling in January 2015, 11 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, Lincoln Borough Volunteer Fire Company reported income of $200k and spending of $144k, leaving 28% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income grew from $126k to $200k (+58%), an average of +17% a year. The sharpest change came in the year to December 2020, when income rose by 66%. Over the whole period it spent 84% 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, Lincoln Borough Volunteer Fire Company sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 51st percentile within PA. Charities of a similar size with the same main cause include The Glade Park Volunteer Fire Dept ($200k), Tarkington Volunteer Fire Department Inc ($200k) and Pinecroft Volunteer Fire Company ($200k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 22% and program service revenue 52% of the total. At year end it held assets of $589k against liabilities of $0, net assets of $589k.