Portage Volunteer Fire Company No 1

Analysis

Portage Volunteer Fire Company No 1 is a registered charity in United States, based in Portage, PA. It received its IRS tax-exemption ruling in August 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Portage Volunteer Fire Company No 1 reported income of $1.2m and spending of $785k, leaving 36% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $262k to $1.2m (+370%), an average of +47% a year. The sharpest change came in the year to December 2023, when income rose by 125%. Over the whole period it spent 88% 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, Portage Volunteer Fire Company No 1 sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 80th percentile within PA. Charities of a similar size with the same main cause include Summerville Bunnlevel Fire & Rescue Inc ($1.2m), First Responders Foundation ($1.2m) and Sherwood Forestry Service ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 52% and program service revenue 9.1% of the total. At year end it held assets of $3.5m against liabilities of $417k, net assets of $3.1m.