Cresaptown Volunteer Fire Department Inc

Analysis

Cresaptown Volunteer Fire Department Inc is a registered charity in United States, based in Cumberland, MD. It received its IRS tax-exemption ruling in February 2001, 25 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 2023, Cresaptown Volunteer Fire Department Inc reported income of $713k and spending of $913k, spending 128% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.2m to $713k (-38%), an average of -11% a year. The sharpest change came in the year to June 2023, when income dropped by 27%. Over the whole period it spent 104% 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, Cresaptown Volunteer Fire Department Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 74th percentile within MD. Charities of a similar size with the same main cause include United Public Advocacy Inc ($713k), Berwyn Heights Volunteer Fire Department and Rescue Squad Inc ($713k) and Citizens Fire Company No 1 of Palmyra Pennsylvania ($713k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 69% and program service revenue 22% of the total. At year end it held assets of $5.1m against liabilities of $3.6m, net assets of $1.5m.