Gallitzin Fire Company No 1

Analysis

Gallitzin Fire Company No 1 is a registered charity in United States, based in Gallitzin, PA. It received its IRS tax-exemption ruling in February 2011, 15 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 2021, Gallitzin Fire Company No 1 reported income of $75k and spending of $74k, spending 99% of its income. Across the 2 years on record, from December 2016 to December 2021, income fell from $318k to $75k (-76%), an average of -76% a year. The sharpest change came in the year to December 2021, when income dropped by 76%. Over the whole period it spent 66% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Gallitzin Fire Company No 1 sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 28th percentile within PA. Charities of a similar size with the same main cause include Mitchell County Food Bank Corporation ($75k), San Jose Chamber Music Society ($75k) and Southwest Wings Inc ($75k).

On its Form 990-EZ for the period ending December 2021, revenue came from contributions and grants 63% of the total. At year end it held assets of $219k against liabilities of $143k, net assets of $77k.