Madera Volunteer Fire Company Inc

Analysis

Madera Volunteer Fire Company Inc is a registered charity in United States, based in Madera, PA. It received its IRS tax-exemption ruling in June 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 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, Madera Volunteer Fire Company Inc reported income of $410k and spending of $435k, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $316k to $410k (+30%), an average of +6.7% a year. The sharpest change came in the year to December 2020, when income rose by 56%. Over the whole period it spent 99% 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, Madera Volunteer Fire Company Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 65th percentile within PA. Charities of a similar size with the same main cause include Patterson Volunteer Fire Departmentinc ($410k), Galax Volunteer Fire Department Incorporated ($411k) and Gilbertsville Fire & Rescue Company ($410k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 12% of the total. At year end it held assets of $378k against liabilities of $422k, net assets of -$44k.