Clarks Summit Fire Company No 1 Inc

Analysis

Clarks Summit Fire Company No 1 Inc is a registered charity in United States, based in Clarks Summit, PA. It received its IRS tax-exemption ruling in June 2005, 21 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, Clarks Summit Fire Company No 1 Inc reported income of $386k and spending of $486k, spending 126% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $482k to $386k (-20%), an average of -5.4% a year. The sharpest change came in the year to December 2021, when income dropped by 36%. Over the whole period it spent 86% 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, Clarks Summit Fire Company No 1 Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 64th percentile within PA. Charities of a similar size with the same main cause include Bedington Volunteer Fire Departmentinc ($385k), Fairmont Firefighters Relief Association ($386k) and Holly Grove Fire Department Inc ($385k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 14% and program service revenue 79% of the total. Other salaries and wages came to $119k. At year end it held assets of $2.9m against liabilities of $1.2m, net assets of $1.7m.