Rescue Fire Company Inc

Analysis

Rescue Fire Company Inc is a registered charity in United States, based in Cambridge, MD. It received its IRS tax-exemption ruling in October 2022, 4 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 September 2023, Rescue Fire Company Inc reported income of $98k and spending of $224k, spending 228% of what it took in. Across the 4 years on record, from September 2020 to September 2023, income fell from $137k to $98k (-28%), an average of -10% a year. The sharpest change came in the year to September 2021, when income rose by 65%. Over the whole period it spent 91% 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, Rescue Fire Company Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 38th percentile within MD. Charities of a similar size with the same main cause include Apollo Hose Company 3 Inc ($98k), Pilot Knob Volunteer Firefighters Assoc Inc ($98k) and Vernon Township Fire Dept 1 ($98k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 77% of the total. At year end it held assets of $845k against liabilities of $0, net assets of $845k.