Hope Fire Co 2 St40 Aas

Analysis

Hope Fire Co 2 St40 Aas is a registered charity in United States, based in Philipsburg, PA. It received its IRS tax-exemption ruling in December 2004, 22 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, Hope Fire Co 2 St40 Aas reported income of $113k and spending of $125k, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $206k to $113k (-45%), an average of -14% a year. The sharpest change came in the year to December 2021, when income rose by 67%. Over the whole period it spent 72% 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, Hope Fire Co 2 St40 Aas sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 38th percentile within PA. Charities of a similar size with the same main cause include Spring Valley Volunteer Fire Department ($113k), Washington Borough Fire Department Inc ($113k) and Callisburg Volunteer Fire Department ($113k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 30% of the total. At year end it held assets of $677k against liabilities of $234k, net assets of $442k.