Oxon Hill Volunteer Fire and Rescue Co Inc

Analysis

Oxon Hill Volunteer Fire and Rescue Co Inc is a registered charity in United States, based in Oxon Hill, MD. It received its IRS tax-exemption ruling in March 2023, 3 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, Oxon Hill Volunteer Fire and Rescue Co Inc reported income of $241k and spending of $293k, spending 122% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $454k to $241k (-47%), an average of -27% a year. The sharpest change came in the year to December 2022, when income dropped by 38%. Over the whole period it spent 91% 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, Oxon Hill Volunteer Fire and Rescue Co Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 57th percentile within MD. Charities of a similar size with the same main cause include Sturgis Volunteer Fire Dept ($241k), Bakersville Volunteer Fire Co ($241k) and Independent Fire Co of Mt Kisco Inc ($241k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 49% of the total. At year end it held assets of $3.1m against liabilities of $280k, net assets of $2.9m.