Newton Ransom Volunteer Fire Co

Analysis

Newton Ransom Volunteer Fire Co is a registered charity in United States, based in Clarks Summit, PA. It received its IRS tax-exemption ruling in March 2012, 14 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, Newton Ransom Volunteer Fire Co reported income of $192k and spending of $159k, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $109k to $192k (+76%), an average of +15% a year. The sharpest change came in the year to December 2023, when income rose by 99%. Over the whole period it spent 111% 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, Newton Ransom Volunteer Fire Co sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 50th percentile within PA. Charities of a similar size with the same main cause include Carolina Star Safety Conference ($192k), East Syracuse Fire Department Inc ($192k) and Manchester Township Volunteer Fire & Rescue Inc ($192k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 54% and program service revenue 4.6% of the total. At year end it held assets of $799k against liabilities of $94k, net assets of $705k.