Shaft Volunteer Fire Co

Analysis

Shaft Volunteer Fire Co is a registered charity in United States, based in Frostburg, MD. It received its IRS tax-exemption ruling in February 2025. 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, Shaft Volunteer Fire Co reported income of $411k and spending of $346k, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $330k to $411k (+24%), an average of +5.6% a year. The sharpest change came in the year to December 2021, when income rose by 86%. Over the whole period it spent 73% 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, Shaft Volunteer Fire Co sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within MD. Charities of a similar size with the same main cause include New Washington Volunteer Fire Department Inc ($411k), Food 1st Foundation ($411k) and Galax Volunteer Fire Department Incorporated ($411k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 48% of the total. At year end it held assets of $385k against liabilities of $433k, net assets of -$48k.