The Maryland State Firefighters Association Inc

Analysis

The Maryland State Firefighters Association Inc is a registered charity in United States, based in Crofton, MD. It received its IRS tax-exemption ruling in July 2020, 6 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, The Maryland State Firefighters Association Inc reported income of $2.1m and spending of $1.5m, leaving 29% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.1m to $2.1m (+4.0%), an average of +1.0% a year. The sharpest change came in the year to June 2023, when income rose by 48%. Over the whole period it spent 84% 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, The Maryland State Firefighters Association Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 85th percentile within MD. Charities of a similar size with the same main cause include Vigilant Hose Co of Emmitsburg ($2.1m), Blanco River Regional Recovery Team ($2.1m) and Naugatuck Ambulance Inc ($2.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 79% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $40k (2.6% of expenses). At year end it held assets of $3.0m against liabilities of $58k, net assets of $2.9m.