Boalsburg Fire Company

Analysis

Boalsburg Fire Company is a registered charity in United States, based in Boalsburg, PA. It received its IRS tax-exemption ruling in February 1978, 48 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, Boalsburg Fire Company reported income of $531k and spending of $431k, spending 81% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $327k to $531k (+62%), an average of +10% a year. The sharpest change came in the year to December 2021, when income rose by 248%. Over the whole period it spent 68% 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, Boalsburg Fire Company sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 69th percentile within PA. Charities of a similar size with the same main cause include Sag Harbor Volunteer Fire Dept ($531k), West Manchester Township Fire Department ($531k) and Croydon Fire Co 1 ($530k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% of the total. At year end it held assets of $2.8m against liabilities of $960k, net assets of $1.9m.