Morningside Volunteer Fire Department Inc

Analysis

Morningside Volunteer Fire Department Inc is a registered charity in United States, based in Suitland, MD. It received its IRS tax-exemption ruling in August 2018, 8 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, Morningside Volunteer Fire Department Inc reported income of $107k and spending of $180k, spending 169% of what it took in. Across the 6 years on record, from December 2017 to December 2023, income fell from $485k to $107k (-78%), an average of -26% a year. The sharpest change came in the year to December 2023, when income dropped by 77%. 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, Morningside Volunteer Fire Department Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 40th percentile within MD. Charities of a similar size with the same main cause include Nickelsville Volunteer Fire Department Inc ($107k), Womens Auxiliary Association of Monkey Island ($107k) and Santa Barbara Special Enforcement Team Support Foundation Inc ($107k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 54% and program service revenue 33% of the total. At year end it held assets of $1.1m against liabilities of $448k, net assets of $677k.