Martinsburg Volunteer Fire Company No 1

Analysis

Martinsburg Volunteer Fire Company No 1 is a registered charity in United States, based in Martinsburg, PA. It received its IRS tax-exemption ruling in August 2018, 8 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, Martinsburg Volunteer Fire Company No 1 reported income of $163k and spending of $204k, spending 126% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $197k to $163k (-17%), an average of -4.7% a year. The sharpest change came in the year to December 2021, when income rose by 366%. Over the whole period it spent 50% 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, Martinsburg Volunteer Fire Company No 1 sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 47th percentile within PA. Charities of a similar size with the same main cause include Quail Creek Volunteer Fire Department ($162k), Peoples Firehouse Inc ($163k) and Andover Volunteer Fire Department Inc ($162k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 20% and program service revenue 1.5% of the total. At year end it held assets of $2.0m against liabilities of $21k, net assets of $2.0m.