Twin Valley Fire Dept

Analysis

Twin Valley Fire Dept is a registered charity in United States, based in Elverson, PA. It received its IRS tax-exemption ruling in August 2006, 20 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, Twin Valley Fire Dept reported income of $807k and spending of $882k, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $826k to $807k (-2.3%), an average of -0.6% a year. The sharpest change came in the year to December 2021, when income rose by 63%. Over the whole period it spent 80% 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, Twin Valley Fire Dept sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 75th percentile within PA. Charities of a similar size with the same main cause include Gretna Volunteer Fire and Rescue Department ($807k), Rescue Hose Co No 4 of Lebanon ($808k) and Hamlin Fire & Rescue Co Inc ($804k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 67% and program service revenue 3.7% of the total. It paid $4,056 in professional fundraising fees. At year end it held assets of $7.0m against liabilities of $1.5m, net assets of $5.5m.