Westminster Fire Engine and Hose Company No 1 Inc

Analysis

Westminster Fire Engine and Hose Company No 1 Inc is a registered charity in United States, based in Westminster, MD. It received its IRS tax-exemption ruling in July 2014, 12 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, Westminster Fire Engine and Hose Company No 1 Inc reported income of $3.8m and spending of $3.6m, spending 95% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $3.5m to $3.8m (+9.1%), an average of +3.0% a year. Over the whole period it spent 101% 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, Westminster Fire Engine and Hose Company No 1 Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 89th percentile within MD. Charities of a similar size with the same main cause include Vigilant Engine & Hook & Ladder Co Inc ($3.8m), Center for Public Safety Excellence Inc ($3.8m) and Casa Academy ($3.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 68% and program service revenue 29% of the total. Other salaries and wages came to $1.5m. At year end it held assets of $7.2m against liabilities of $801k, net assets of $6.4m. It reported 43 employees.