Progress Fire Company

Analysis

Progress Fire Company is a registered charity in United States, based in Harrisburg, PA. It received its IRS tax-exemption ruling in June 1995, 31 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, Progress Fire Company reported income of $329k and spending of $408k, spending 124% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $318k to $329k (+3.3%), an average of +0.8% a year. The sharpest change came in the year to December 2021, when income rose by 172%. Over the whole period it spent 102% 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, Progress Fire Company sits at the 74th percentile: it is larger than about 74% 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 Recovering Oklahomans After Disaster Inc ($329k), Lavale Volunteer Rescue Squad Inc ($329k) and Ryan Township Fire Company ($329k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $939k against liabilities of $76k, net assets of $863k.