Citizens Fire Company No 1 of Newport

Analysis

Citizens Fire Company No 1 of Newport is a registered charity in United States, based in Newport, PA. It received its IRS tax-exemption ruling in April 2015, 11 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, Citizens Fire Company No 1 of Newport reported income of $405k and spending of $302k, leaving 25% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $213k to $405k (+90%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 113%. Over the whole period it spent 92% 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, Citizens Fire Company No 1 of Newport sits at the 79th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 65th percentile within PA. Charities of a similar size with the same main cause include Comfort Volunteer Fire Department ($404k), Lyon Mountain Ambulance Services Inc ($405k) and United American Committee ($404k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% of the total. It paid $2,084 in professional fundraising fees. At year end it held assets of $2.3m against liabilities of $61k, net assets of $2.2m.