Firetree Place

Analysis

Firetree Place is a registered charity in United States, based in Williamsport, PA. It received its IRS tax-exemption ruling in May 2015, 11 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Firetree Place reported income of $1.0m and spending of $1.0m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $920k to $1.0m (+9.6%), an average of +2.3% a year. Over the whole period it spent 90% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Firetree Place sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 78th percentile within PA. Charities of a similar size with the same main cause include Malheur Watershed Council ($1.0m), Sidney Alive ($1.0m) and Cincinnati Northside Community Urban Redevelopment Corporation ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 73% and program service revenue 25% of the total. Other salaries and wages came to $572k. At year end it held assets of $776k against liabilities of $24k, net assets of $751k. It reported 35 employees.