Logan Fire Company-1

Analysis

Logan Fire Company-1 is a registered charity in United States, based in Bellefonte, PA. It received its IRS tax-exemption ruling in July 2007, 19 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, Logan Fire Company-1 reported income of $105k and spending of $99k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $115k to $105k (-9.0%), an average of -2.3% a year. The sharpest change came in the year to December 2021, when income rose by 32%. Over the whole period it spent 112% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Logan Fire Company-1 sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 36th percentile within PA. Charities of a similar size with the same main cause include Little League Baseball Inc ($105k), Dilworth Community Development Association Inc ($105k) and PTA California Congress of Parents Teachers and Students Inc ($105k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 61% and program service revenue 15% of the total. At year end it held assets of $194k against liabilities of $1,388, net assets of $193k.