Waterville Volunteer Fire Company

Analysis

Waterville Volunteer Fire Company is a registered charity in United States, based in Waterville, PA. It received its IRS tax-exemption ruling in July 2017, 9 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, Waterville Volunteer Fire Company reported income of $140k and spending of $141k, spending 101% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $192k to $140k (-27%), an average of -9.9% a year. The sharpest change came in the year to December 2022, when income rose by 31%. Over the whole period it spent 83% 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, Waterville Volunteer Fire Company sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 43rd percentile within PA. Charities of a similar size with the same main cause include Cowlesville Fire Company Inc ($140k), Edgartown Firemens Association Inc ($140k) and Hobbie Volunteer Fire Company 1 ($140k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 63% of the total. At year end it held assets of $475k against liabilities of $0, net assets of $475k.