Big Elm Volunteer Fire Co No 1 Inc

Analysis

Big Elm Volunteer Fire Co No 1 Inc is a registered charity in United States, based in Millerton, PA. It received its IRS tax-exemption ruling in October 2012, 14 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, Big Elm Volunteer Fire Co No 1 Inc reported income of $98k and spending of $124k, spending 126% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $168k to $98k (-42%), an average of -42% a year. The sharpest change came in the year to December 2023, when income dropped by 42%. Over the whole period it spent 57% 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, Big Elm Volunteer Fire Co No 1 Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 34th percentile within PA. Charities of a similar size with the same main cause include New Hartford Firemens Benevolent Association Inc ($98k), Town of Hamburg Fire Chiefs Association Inc ($98k) and Terryville Fire Department Inc ($98k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 22% and program service revenue 68% of the total. At year end it held assets of $345k against liabilities of $80k, net assets of $265k.