Rescue Fire Co No 1

Analysis

Rescue Fire Co No 1 is a registered charity in United States, based in Harrisburg, PA. It received its IRS tax-exemption ruling in December 1992, 34 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, Rescue Fire Co No 1 reported income of $96k and spending of $132k, spending 137% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $57k to $96k (+68%), an average of +14% a year. The sharpest change came in the year to December 2020, when income rose by 65%. Over the whole period it spent 135% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Rescue Fire Co No 1 sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 34th percentile within PA. Charities of a similar size with the same main cause include Fuller Center for Housing Inc ($96k), Black Association of New Orleans Fire Fighters Incorporated ($96k) and Soroptimist International of the Americas Inc ($96k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 54% of the total. At year end it held assets of $1.2m against liabilities of $2,888, net assets of $1.2m.

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.