Lawrence Township Volunteer Fire Co 1

Analysis

Lawrence Township Volunteer Fire Co 1 is a registered charity in United States, based in Clearfield, PA. It received its IRS tax-exemption ruling in September 2004, 22 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Lawrence Township Volunteer Fire Co 1 reported income of $160k and spending of $125k, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $62k to $160k (+159%), an average of +27% a year. The sharpest change came in the year to December 2020, when income rose by 227%. Over the whole period it spent 44% 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, Lawrence Township Volunteer Fire Co 1 sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 46th percentile within PA. Charities of a similar size with the same main cause include Point Breeze Volunteer Fire Association ($160k), Cool Springs Community Fire Dept Inc ($160k) and Conetoe Volunteer Fire Company ($160k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 35% and program service revenue 17% of the total. At year end it held assets of $1.0m against liabilities of $3,727, net assets of $1.0m.