Glen Burnie Volunteer Fire Company Inc

Analysis

Glen Burnie Volunteer Fire Company Inc is a registered charity in United States, based in Glen Burnie, MD. It received its IRS tax-exemption ruling in May 1997, 29 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Glen Burnie Volunteer Fire Company Inc reported income of $245k and spending of $245k, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $545k to $245k (-55%), an average of -18% a year. The sharpest change came in the year to June 2021, when income rose by 394%. Over the whole period it spent 62% 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, Glen Burnie Volunteer Fire Company Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 58th percentile within MD. Charities of a similar size with the same main cause include Mohegan Volunteer Fire Association Inc ($245k), Liberty Fire Company of New Berlinville ($245k) and Fairview Volunteer Fire Department ($244k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 61% and program service revenue 8.2% of the total. It paid $10k in professional fundraising fees. At year end it held assets of $1.7m against liabilities of $408k, net assets of $1.3m.