Pinecroft Volunteer Fire Company

Analysis

Pinecroft Volunteer Fire Company is a registered charity in United States, based in Altoona, PA. It received its IRS tax-exemption ruling in October 2017, 9 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, Pinecroft Volunteer Fire Company reported income of $200k and spending of $180k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $251k to $200k (-20%), an average of -5.5% a year. The sharpest change came in the year to December 2020, when income dropped by 40%. Over the whole period it spent 95% 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, Pinecroft Volunteer Fire Company sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 51st percentile within PA. Charities of a similar size with the same main cause include Antietam Fire Company ($200k), The Glade Park Volunteer Fire Dept ($200k) and Flatonia Volunteer Fire Department ($200k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 39% of the total. At year end it held assets of $392k against liabilities of $49k, net assets of $342k.