Bakersville Volunteer Fire Co

Analysis

Bakersville Volunteer Fire Co is a registered charity in United States, based in Somerset, PA. It received its IRS tax-exemption ruling in March 2018, 8 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, Bakersville Volunteer Fire Co reported income of $241k and spending of $605k, spending 251% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $107k to $241k (+125%), an average of +22% a year. The sharpest change came in the year to December 2023, when income rose by 60%. Over the whole period it spent 144% 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, Bakersville Volunteer Fire Co sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 55th percentile within PA. Charities of a similar size with the same main cause include Oxon Hill Volunteer Fire and Rescue Co Inc ($241k), Bethany Volunteer Fire Department ($241k) and Sturgis Volunteer Fire Dept ($241k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% of the total. At year end it held assets of $115k against liabilities of $326k, net assets of -$211k.