Franklin Borough Volunteer Fire Company

Analysis

Franklin Borough Volunteer Fire Company is a registered charity in United States, based in Johnstown, PA. It received its IRS tax-exemption ruling in December 2016, 10 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, Franklin Borough Volunteer Fire Company reported income of $96k and spending of $66k, leaving 31% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $180k to $96k (-47%), an average of -15% a year. The sharpest change came in the year to December 2021, when income rose by 110%. Over the whole period it spent 86% 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, Franklin Borough Volunteer Fire Company sits at the 36th percentile: it is larger than about 36% 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 San Luis Obispo Fire Investigation Strike Team Inc ($96k), Texoma Fire District Inc ($96k) and Carancahua Community Volunteer Fire Department ($96k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 43% and program service revenue 22% of the total. At year end it held assets of $143k against liabilities of $0, net assets of $143k.