Deal Island-Chance Fire Co Inc

Analysis

Deal Island-Chance Fire Co Inc is a registered charity in United States, based in Deal Island, MD. It received its IRS tax-exemption ruling in December 2008, 18 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, Deal Island-Chance Fire Co Inc reported income of $130k and spending of $120k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $104k to $130k (+24%), an average of +5.6% a year. The sharpest change came in the year to December 2021, when income rose by 37%. Over the whole period it spent 100% 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, Deal Island-Chance Fire Co Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 44th percentile within MD. Charities of a similar size with the same main cause include Arnoldsburg Volunteer Fire Department Inc ($129k), East Sunbury Fire & Rescue Inc ($130k) and Protection Fire Co No 1 of Wyckoff New Jersey ($129k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% of the total. At year end it held assets of $365k against liabilities of $23k, net assets of $342k.