Oliver Township Volunteer Fire Company

Analysis

Oliver Township Volunteer Fire Company is a registered charity in United States, based in Coolspring, PA. It received its IRS tax-exemption ruling in September 1988, 38 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, Oliver Township Volunteer Fire Company reported income of $110k and spending of $164k, spending 149% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $144k to $110k (-24%), an average of -6.6% a year. The sharpest change came in the year to December 2021, when income dropped by 42%. Over the whole period it spent 137% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Oliver Township Volunteer Fire Company sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 37th percentile within PA. Charities of a similar size with the same main cause include Friends of the Library Kingwood Inc ($110k), Ketchikan Youth Soccer League Inc ($110k) and Cedar Key Historical Society Inc ($110k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 37% and program service revenue 15% of the total. At year end it held assets of $510k against liabilities of $0, net assets of $510k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.