Chestnut Ridge Community Volunteer Fire Company

Analysis

Chestnut Ridge Community Volunteer Fire Company is a registered charity in United States, based in Stahlstown, PA. It received its IRS tax-exemption ruling in August 1997, 29 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, Chestnut Ridge Community Volunteer Fire Company reported income of $261k and spending of $270k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $346k to $261k (-25%), an average of -6.8% a year. The sharpest change came in the year to December 2021, when income rose by 75%. Over the whole period it spent 84% 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, Chestnut Ridge Community Volunteer Fire Company sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 57th percentile within PA. Charities of a similar size with the same main cause include Park Rapids Firemens Relief Association ($261k), Signal Hill Fire Protection Association Inc ($261k) and Tri-Clover Fire Company ($261k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 18% of the total. At year end it held assets of $1.7m against liabilities of $305k, net assets of $1.4m.