Thad Stevens Volunteer Fire Department

Analysis

Thad Stevens Volunteer Fire Department is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in March 2019, 7 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 December 2023, Thad Stevens Volunteer Fire Department reported income of $193k and spending of $183k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $171k to $193k (+13%), an average of +3.2% a year. The sharpest change came in the year to December 2022, when income rose by 40%. Over the whole period it spent 104% 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, Thad Stevens Volunteer Fire Department sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 51st percentile within PA. Charities of a similar size with the same main cause include Tioga Volunteer Fire Department Inc ($193k), Lois Volunteer Fire Department & Rescue Squad Inc ($194k) and Mortons Corners Volunteer Fire Department ($193k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% of the total. At year end it held assets of $1.1m against liabilities of $426k, net assets of $639k.