Kennedyville Volunteer Fire Company Inc

Analysis

Kennedyville Volunteer Fire Company Inc is a registered charity in United States, based in Kennedyville, MD. It received its IRS tax-exemption ruling in November 2000, 26 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, Kennedyville Volunteer Fire Company Inc reported income of $408k and spending of $386k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $217k to $408k (+88%), an average of +17% a year. The sharpest change came in the year to December 2021, when income rose by 69%. Over the whole period it spent 96% 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, Kennedyville Volunteer Fire Company Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within MD. Charities of a similar size with the same main cause include Ringgold Volunteer Fire Department ($408k), Nedrow Volunteer Fire Department Inc ($408k) and Tyler County Emergency Squad Unit One ($407k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% and program service revenue 0.4% of the total. At year end it held assets of $1.7m against liabilities of $677k, net assets of $1.0m.