Junior Fire Company No 2 Inc

Analysis

Junior Fire Company No 2 Inc is a registered charity in United States, based in Frederick, MD. It received its IRS tax-exemption ruling in October 1995, 31 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, Junior Fire Company No 2 Inc reported income of $342k and spending of $350k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $385k to $342k (-11%), an average of -2.9% a year. The sharpest change came in the year to December 2023, when income dropped by 18%. Over the whole period it spent 94% 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, Junior Fire Company No 2 Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 64th percentile within MD. Charities of a similar size with the same main cause include Delta Trap Club ($341k), Pocono Mountain Volunteer Fire Company ($342k) and Readlyn Volunteer Fire Fighters Association Incorporated ($341k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 62% and program service revenue 38% of the total. It paid $17k in professional fundraising fees. At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.