Reliance Fire Company 1

Analysis

Reliance Fire Company 1 is a registered charity in United States, based in Philipsburg, PA. It received its IRS tax-exemption ruling in August 2001, 25 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, Reliance Fire Company 1 reported income of $68k and spending of $157k, spending 231% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $172k to $68k (-61%), an average of -21% a year. The sharpest change came in the year to December 2023, when income dropped by 52%. Over the whole period it spent 114% 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, Reliance Fire Company 1 sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 25th percentile within PA. Charities of a similar size with the same main cause include Westport Police Association ($68k), Johnson County Rural Fire District 2 ($68k) and Street Racing Made Safe Program Inc ($68k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $444k against liabilities of $55k, net assets of $390k.