Cresson Volunteer Fire Company

Analysis

Cresson Volunteer Fire Company is a registered charity in United States, based in Cresson, PA. It received its IRS tax-exemption ruling in February 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Cresson Volunteer Fire Company reported income of $776k and spending of $354k, leaving 54% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $498k to $776k (+56%), an average of +12% a year. The sharpest change came in the year to December 2023, when income rose by 115%. Over the whole period it spent 77% 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, Cresson Volunteer Fire Company sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 75th percentile within PA. Charities of a similar size with the same main cause include Flat Branch Volunteer Fire Dept ($775k), Rebuilding Together Baton Rouge Inc ($776k) and Green Pond Volunteer Fire Dept Inc ($775k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 73% and program service revenue 0.1% of the total. At year end it held assets of $2.9m against liabilities of $200, net assets of $2.9m.