The New Athens Fire Company

Analysis

The New Athens Fire Company is a registered charity in United States, based in New Athens, OH. It received its IRS tax-exemption ruling in December 1991, 35 years ago. 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, The New Athens Fire Company reported income of $99k and spending of $83k, spending 84% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $66k to $99k (+52%), an average of +52% a year. The sharpest change came in the year to December 2023, when income rose by 52%. Over the whole period it spent 107% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The New Athens 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 37th percentile, and in the 37th percentile within OH. Charities of a similar size with the same main cause include Fbi National Academy Associates Inc ($99k), New Horizons Properties III Inc ($99k) and Sociedade de Sao Joao Inc ($99k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 32% and program service revenue 52% of the total. At year end it held assets of $377k against liabilities of $135k, net assets of $242k.