Owings Mills Volunteer Fire Company of Baltimore County Inc

Analysis

Owings Mills Volunteer Fire Company of Baltimore County Inc is a registered charity in United States, based in Owings Mills, MD. It received its IRS tax-exemption ruling in May 1994, 32 years ago. 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, Owings Mills Volunteer Fire Company of Baltimore County Inc reported income of $342k and spending of $453k, spending 132% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $361k to $342k (-5.1%), an average of -1.3% a year. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Owings Mills Volunteer Fire Company of Baltimore County Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 64th percentile within MD. Charities of a similar size with the same main cause include Lawton Evening Optimist Soccer Association ($342k), Friends of Willamette Falls Media Center ($342k) and Greater Ennis United Way Inc ($342k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% of the total. Other salaries and wages came to $53k. At year end it held assets of $4.7m against liabilities of $213k, net assets of $4.5m. It reported 11 employees.