Nippenose Valley Volunteer Fire Co

Analysis

Nippenose Valley Volunteer Fire Co is a registered charity in United States, based in Jersey Shore, PA. It received its IRS tax-exemption ruling in December 1985, 41 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, Nippenose Valley Volunteer Fire Co reported income of $89k and spending of $220k, spending 249% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $58k to $89k (+52%), an average of +11% a year. The sharpest change came in the year to December 2020, when income rose by 114%. Over the whole period it spent 170% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Nippenose Valley Volunteer Fire Co sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 32nd percentile within PA. Charities of a similar size with the same main cause include Aberdeen Solomon David Memorial Scholarship Fund ($89k), Oscar N Jonas Memorial Foundation ($89k) and Georgia Extension 4-H Foundation ($89k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $317k against liabilities of $50k, net assets of $267k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.