Cherryhill Township Volunteer Fire Company

Analysis

Cherryhill Township Volunteer Fire Company is a registered charity in United States, based in Penn Run, PA. It received its IRS tax-exemption ruling in October 2000, 26 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, Cherryhill Township Volunteer Fire Company reported income of $320k and spending of $351k, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $712k to $320k (-55%), an average of -18% a year. The sharpest change came in the year to December 2020, when income dropped by 54%. Over the whole period it spent 70% 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, Cherryhill Township Volunteer Fire Company sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 61st percentile within PA. Charities of a similar size with the same main cause include Wissahickon Fire Company Relief Assn ($320k), San Luis Valley Regional Emergency & Trauma Advisory Council ($320k) and Rineyville Fire Department Inc ($320k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 31% and program service revenue 0.3% of the total. It paid $1,372 in professional fundraising fees. At year end it held assets of $2.5m against liabilities of $1.1m, net assets of $1.5m.