Option Independent Fire Co of

Analysis

Option Independent Fire Co of is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in March 2016, 10 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, Option Independent Fire Co of reported income of $212k and spending of $170k, spending 80% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $98k to $212k (+116%), an average of +21% a year. The sharpest change came in the year to December 2020, when income rose by 49%. Over the whole period it spent 141% 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, Option Independent Fire Co of sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 53rd percentile within PA. Charities of a similar size with the same main cause include Columbia Basin Dive Rescue ($212k), New Jersey First Aid Council ($213k) and Community Fire Company of Cornwall Borough ($212k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $6,600 (3.9% of expenses). Other salaries and wages came to $40k. At year end it held assets of $575k against liabilities of $215k, net assets of $360k. It reported 11 employees.