Westwood Fire Company

Analysis

Westwood Fire Company is a registered charity in United States, based in Coatesville, PA. It received its IRS tax-exemption ruling in November 2019, 7 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, Westwood Fire Company reported income of $1.7m and spending of $2.1m, spending 118% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $826k to $1.7m (+112%), an average of +28% a year. The sharpest change came in the year to December 2022, when income rose by 48%. Over the whole period it spent 104% 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, Westwood Fire Company sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 83rd percentile within PA. Charities of a similar size with the same main cause include Ocean Reef Volunteer Fire Department Inc ($1.7m), Manorville Community Ambulance Inc ($1.8m) and Evergreen Safety Council ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 44% and program service revenue 56% of the total. Other salaries and wages came to $1.4m. It paid $11k in professional fundraising fees. At year end it held assets of $419k against liabilities of $102k, net assets of $317k. It reported 59 employees.