Queenstown Volunteer Fire Department Inc

Analysis

Queenstown Volunteer Fire Department Inc is a registered charity in United States, based in Queenstown, MD. It received its IRS tax-exemption ruling in March 2019, 7 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, Queenstown Volunteer Fire Department Inc reported income of $603k and spending of $391k, leaving 35% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $658k to $603k (-8.3%), an average of -2.1% a year. The sharpest change came in the year to December 2021, when income dropped by 18%. 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, Queenstown Volunteer Fire Department Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 72nd percentile within MD. Charities of a similar size with the same main cause include Wind Lake Vol Fire Co ($603k), Isanti MN Firefighters Rodeo Assoc Inc ($603k) and Newton Abbot Fire Company Inc ($602k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% and program service revenue 6.2% of the total. At year end it held assets of $2.3m against liabilities of $18k, net assets of $2.2m.