Renovo Fire Department Inc

Analysis

Renovo Fire Department Inc is a registered charity in United States, based in Renovo, PA. It received its IRS tax-exemption ruling in March 2005, 21 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, Renovo Fire Department Inc reported income of $129k and spending of $179k, spending 139% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $91k to $129k (+42%), an average of +9.2% a year. The sharpest change came in the year to December 2022, when income rose by 43%. Over the whole period it spent 118% 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, Renovo Fire Department Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 41st percentile within PA. Charities of a similar size with the same main cause include Latexo Volunteer Fire Department ($129k), Solar Responders Inc ($129k) and Friendship Hose Company No 1 ($129k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% of the total. At year end it held assets of $289k against liabilities of $73k, net assets of $216k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.