Cumberland Valley Township Volunteer Fire Company

Analysis

Cumberland Valley Township Volunteer Fire Company is a registered charity in United States, based in Bedford, PA. It received its IRS tax-exemption ruling in September 1993, 33 years ago. 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, Cumberland Valley Township Volunteer Fire Company reported income of $1.1m and spending of $81k, leaving 92% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $128k to $1.1m (+734%), an average of +734% a year. The sharpest change came in the year to December 2023, when income rose by 734%. Over the whole period it spent 13% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Cumberland Valley Township Volunteer Fire Company sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 78th percentile within PA. Charities of a similar size with the same main cause include Westfair Association ($1.1m), Boy Scouts of America ($1.1m) and St Carlo Acutis Virtual Academy Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 0.1% of the total. At year end it held assets of $1.4m against liabilities of $0, net assets of $1.4m.