Heritage Volunteer Fire Company No 1

Analysis

Heritage Volunteer Fire Company No 1 is a registered charity in United States, based in Lewistown, PA. It received its IRS tax-exemption ruling in May 2011, 15 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, Heritage Volunteer Fire Company No 1 reported income of $256k and spending of $198k, leaving 23% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $103k to $256k (+149%), an average of +149% a year. The sharpest change came in the year to December 2023, when income rose by 149%. Over the whole period it spent 78% 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, Heritage Volunteer Fire Company No 1 sits at the 67th percentile: it is larger than about 67% 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 Little Gasparilla Island Fire & Rescue Inc ($256k), Ashville Vol Fire Co ($256k) and Soufan Center Inc ($256k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% of the total. At year end it held assets of $462k against liabilities of $350k, net assets of $112k.