Greenwood Fire Company

Analysis

Greenwood Fire Company is a registered charity in United States, based in Altoona, PA. It received its IRS tax-exemption ruling in March 2018, 8 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, Greenwood Fire Company reported income of $169k and spending of $130k, leaving 23% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $91k to $169k (+86%), an average of +17% a year. The sharpest change came in the year to December 2023, when income rose by 65%. Over the whole period it spent 94% 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, Greenwood Fire Company sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 48th percentile within PA. Charities of a similar size with the same main cause include Hill & High Water ($169k), Cottage Grove Volunteer Fire Department Inc ($170k) and Robertsville Volunteer Fire Co 1 ($169k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 0.1% of the total. At year end it held assets of $349k against liabilities of $0, net assets of $349k.