Bethesda Fire Department Inc

Analysis

Bethesda Fire Department Inc is a registered charity in United States, based in Chevy Chase, MD. It received its IRS tax-exemption ruling in July 1981, 45 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, Bethesda Fire Department Inc reported income of $620k and spending of $313k, leaving 50% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $312k to $620k (+99%), an average of +19% a year. The sharpest change came in the year to June 2023, when income rose by 118%. Over the whole period it spent 64% 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, Bethesda Fire Department Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 72nd percentile within MD. Charities of a similar size with the same main cause include Regional Fire & Rescue Dept ($620k), Northeastern New York Safety and Health Council Inc ($621k) and East Gaston Volunteer Fire Department Inc ($619k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 88% of the total. Compensation of current officers, directors and key employees was $103k (33% of expenses). At year end it held assets of $1.9m against liabilities of $370k, net assets of $1.5m.