Port Penn Vol Fire Co Inc

Analysis

Port Penn Vol Fire Co Inc is a registered charity in United States, based in Port Penn, DE. It received its IRS tax-exemption ruling in February 1988, 38 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, Port Penn Vol Fire Co Inc reported income of $1.8m and spending of $1.2m, leaving 31% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.9m to $1.8m (-4.4%), an average of -1.1% a year. The sharpest change came in the year to December 2023, when income rose by 61%. Over the whole period it spent 81% 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, Port Penn Vol Fire Co Inc 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 82nd percentile within DE. Charities of a similar size with the same main cause include Rescue Hose Co No 1 of Greencastle ($1.8m), M & M Fire Department ($1.8m) and Carmel Fire Department Inc ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% and program service revenue 4.7% of the total. Other salaries and wages came to $617k. At year end it held assets of $6.8m against liabilities of $155k, net assets of $6.6m. It reported 34 employees.