Carrolltown Fire Engine Co

Analysis

Carrolltown Fire Engine Co is a registered charity in United States, based in Carrolltown, PA. It received its IRS tax-exemption ruling in January 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Carrolltown Fire Engine Co reported income of $326k and spending of $271k, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $254k to $326k (+29%), an average of +6.5% a year. The sharpest change came in the year to December 2021, when income rose by 119%. Over the whole period it spent 85% 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, Carrolltown Fire Engine Co sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 61st percentile within PA. Charities of a similar size with the same main cause include Fruitdale Volunteer Fire Co Incorp ($326k), City Hook & Ladder Co No 4 ($326k) and Bareville Fire Company No 1 ($326k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 16% and program service revenue 6.5% of the total. Compensation of current officers, directors and key employees was $11k (4.2% of expenses). At year end it held assets of $1.4m against liabilities of $821, net assets of $1.4m. It reported 11 employees.