White Oak Borough Volunteer Fire Company No 1

Analysis

White Oak Borough Volunteer Fire Company No 1 is a registered charity in United States, based in White Oak, PA. It received its IRS tax-exemption ruling in August 1991, 35 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 October 2023, White Oak Borough Volunteer Fire Company No 1 reported income of $122k and spending of $164k, spending 135% of what it took in. Across the 5 years on record, from October 2019 to October 2023, income fell from $151k to $122k (-20%), an average of -5.3% a year. The sharpest change came in the year to October 2021, when income rose by 41%. Over the whole period it spent 131% 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, White Oak Borough Volunteer Fire Company No 1 sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 40th percentile within PA. Charities of a similar size with the same main cause include Hillsgrove Volunteer Fire Company ($121k), Nelson County Volunteer Firemans Association ($122k) and West Friendship Volunteer Fire Depa Rtment Inc ($121k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 48% of the total. At year end it held assets of $1.1m against liabilities of $359k, net assets of $721k.

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.