Longmeadow Volunteer Fire Company Inc

Analysis

Longmeadow Volunteer Fire Company Inc is a registered charity in United States, based in Hagerstown, MD. It received its IRS tax-exemption ruling in May 1971, 55 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 June 2024, Longmeadow Volunteer Fire Company Inc reported income of $600k and spending of $419k, leaving 30% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $357k to $600k (+68%), an average of +14% a year. The sharpest change came in the year to June 2024, when income rose by 46%. Over the whole period it spent 85% 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, Longmeadow Volunteer Fire Company 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 Northport Volunteer Fire Departmenttransportation Equipment and Activ ($598k), Clearspring Volunteer Fire Company Incorporated ($600k) and Klecknersville Rangers Volunteer ($597k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 85% and program service revenue 4.6% of the total. At year end it held assets of $2.0m against liabilities of $761k, net assets of $1.2m. It reported 7 employees.