Mocanaqua Volunteer Fire Company No 1 Inc

Analysis

Mocanaqua Volunteer Fire Company No 1 Inc is a registered charity in United States, based in Mocanaqua, PA. It received its IRS tax-exemption ruling in November 2021, 5 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, Mocanaqua Volunteer Fire Company No 1 Inc reported income of $512k and spending of $52k, leaving 90% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $57k to $512k (+803%), an average of +803% a year. The sharpest change came in the year to December 2023, when income rose by 803%. Over the whole period it spent 18% 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, Mocanaqua Volunteer Fire Company No 1 Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 69th percentile within PA. Charities of a similar size with the same main cause include Franklin Community Volunteer Fire Department Inc ($511k), Home Fire Sprinkler Coalition Inc ($512k) and Magnolia Springs Volunteer Fire Department Incorporated ($511k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 0.0% of the total. It paid $2,158 in professional fundraising fees. At year end it held assets of $706k against liabilities of $0, net assets of $706k.