Fire Department of Montgomery Township

Analysis

Fire Department of Montgomery Township is a registered charity in United States, based in Montgomeryvle, PA. It received its IRS tax-exemption ruling in October 2003, 23 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Fire Department of Montgomery Township reported income of $159k and spending of $187k, spending 118% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $191k to $159k (-17%), an average of -17% a year. The sharpest change came in the year to December 2023, when income dropped by 17%. Over the whole period it spent 119% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Fire Department of Montgomery Township sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 46th percentile within PA. Charities of a similar size with the same main cause include Humanity in Unity Inc ($159k), Diamond Girls Softball Association ($159k) and Newtown Square Petticoat League ($159k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $246k against liabilities of $0, net assets of $246k.