Beaver Springs Volunteer Fire Company

Analysis

Beaver Springs Volunteer Fire Company is a registered charity in United States, based in Beaver SPRGS, PA. It received its IRS tax-exemption ruling in June 2020, 6 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, Beaver Springs Volunteer Fire Company reported income of $117k and spending of $258k, spending 220% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $135k to $117k (-13%), an average of -13% a year. Over the whole period it spent 138% 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, Beaver Springs Volunteer Fire Company sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 39th percentile within PA. Charities of a similar size with the same main cause include Hose Company No 1 of Ford City Pennsylvania ($117k), Stormwise Foundation ($117k) and Ridgeway Volunteer Rural Fire Association Inc ($117k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 29% and program service revenue 14% of the total. At year end it held assets of $182k against liabilities of $0, net assets of $182k.