Cornplanter Township Volunteer Fire Department

Analysis

Cornplanter Township Volunteer Fire Department is a registered charity in United States, based in Oil City, PA. It received its IRS tax-exemption ruling in October 2001, 25 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, Cornplanter Township Volunteer Fire Department reported income of $232k and spending of $113k, leaving 51% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $167k to $232k (+38%), an average of +6.7% a year. The sharpest change came in the year to December 2023, when income rose by 109%. Over the whole period it spent 62% 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, Cornplanter Township Volunteer Fire Department sits at the 65th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 54th percentile within PA. Charities of a similar size with the same main cause include Ascension Community Awareness Emergency Response Committee ($232k), Saxeville-Springwater Vol Fire Engine Co ($232k) and Manoghick Volunteer Fire Department ($232k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 61% and program service revenue 36% of the total. At year end it held assets of $735k against liabilities of $290k, net assets of $445k.