Prince Frederick Volunteer Fire Department Incorporated

Analysis

Prince Frederick Volunteer Fire Department Incorporated is a registered charity in United States, based in PRNC Frederck, MD. It received its IRS tax-exemption ruling in September 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 (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, Prince Frederick Volunteer Fire Department Incorporated reported income of $667k and spending of $650k, spending 97% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $355k to $667k (+88%), an average of +14% a year. The sharpest change came in the year to June 2023, when income rose by 98%. Over the whole period it spent 133% 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, Prince Frederick Volunteer Fire Department Incorporated sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 73rd percentile within MD. Charities of a similar size with the same main cause include Walk-Bike Nashville Inc ($666k), Weatherford Foundation Inc ($669k) and Continental Vallage Volunteer Fire Department ($665k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 99% of the total. At year end it held assets of $733k against liabilities of $1.3m, net assets of -$615k.