Lake Ariel Fire Company

Analysis

Lake Ariel Fire Company is a registered charity in United States, based in Lake Ariel, PA. It received its IRS tax-exemption ruling in January 2012, 14 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, Lake Ariel Fire Company reported income of $494k and spending of $459k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $263k to $494k (+88%), an average of +17% a year. The sharpest change came in the year to December 2023, when income rose by 139%. Over the whole period it spent 90% 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, Lake Ariel Fire Company sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 68th percentile within PA. Charities of a similar size with the same main cause include Hummels Wharf Fire Co Inc ($494k), Corolla Fire and Rescue Squad Inc ($495k) and Jeb Stuart Volunteer Rescue Squad Inc ($493k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 0.0% of the total. It paid $15k in professional fundraising fees. At year end it held assets of $1.9m against liabilities of $108k, net assets of $1.8m.