United Steam Fire Engine Co-3

Analysis

United Steam Fire Engine Co-3 is a registered charity in United States, based in Frederick, MD. It received its IRS tax-exemption ruling in March 2016, 10 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, United Steam Fire Engine Co-3 reported income of $508k and spending of $698k, spending 137% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $526k to $508k (-3.5%), an average of -0.9% a year. The sharpest change came in the year to December 2023, when income dropped by 40%. Over the whole period it spent 70% 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, United Steam Fire Engine Co-3 sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within MD. Charities of a similar size with the same main cause include St Thomas Township Volunteer Fire & Rescue Co Inc ($508k), Lisbon-Mt Vernon Ambulance Service ($508k) and Valleytown Rural Fire and Rescue Department ($508k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 35% and program service revenue 71% of the total. At year end it held assets of $3.6m against liabilities of $771k, net assets of $2.8m.