Undine Fire Company No 2

Analysis

Undine Fire Company No 2 is a registered charity in United States, based in Bellefonte, PA. It received its IRS tax-exemption ruling in December 2003, 23 years ago. 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, Undine Fire Company No 2 reported income of $539k and spending of $383k, leaving 29% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $392k to $539k (+38%), an average of +8.3% a year. The sharpest change came in the year to December 2021, when income rose by 37%. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Undine Fire Company No 2 sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 69th percentile within PA. Charities of a similar size with the same main cause include Old Newsboys of Flint ($539k), Mount Zion Sheltering Arms for the Elderly Inc ($539k) and Toms River American Soccer Club Inc T a Toms River Soccer Association ($539k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 7.6% and program service revenue 1.2% of the total. Other salaries and wages came to $98k. At year end it held assets of $1.6m against liabilities of $138k, net assets of $1.5m. It reported 12 employees.