Raccoon Township Independent Volunteer Fire Department No 1

Analysis

Raccoon Township Independent Volunteer Fire Department No 1 is a registered charity in United States, based in Aliquippa, PA. It received its IRS tax-exemption ruling in May 2003, 23 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, Raccoon Township Independent Volunteer Fire Department No 1 reported income of $185k and spending of $126k, leaving 32% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income grew from $142k to $185k (+30%), an average of +9.2% a year. The sharpest change came in the year to December 2023, when income rose by 23%. Over the whole period it spent 92% 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, Raccoon Township Independent Volunteer Fire Department No 1 sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 50th percentile within PA. Charities of a similar size with the same main cause include Wellersburg District Volunteer Fire Company ($185k), Fire Department of Ocean Beach Inc ($185k) and Livingston Volunteer Fire Department Inc ($185k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 57% and program service revenue 0.0% of the total. At year end it held assets of $1.4m against liabilities of $119k, net assets of $1.3m.