Charles County Volunteer Firemens Association Inc

Analysis

Charles County Volunteer Firemens Association Inc is a registered charity in United States, based in LA Plata, MD. It received its IRS tax-exemption ruling in December 2016, 10 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, Charles County Volunteer Firemens Association Inc reported income of $171k and spending of $356k, spending 208% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $411k to $171k (-58%), an average of -20% a year. The sharpest change came in the year to June 2022, when income dropped by 69%. Over the whole period it spent 109% 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, Charles County Volunteer Firemens Association Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 50th percentile within MD. Charities of a similar size with the same main cause include New Egypt Volunteer Fire Company ($171k), Spring Lake First Aid and Emergency Squad ($171k) and South Lebanon Fire Company No 1 ($171k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 91% of the total. At year end it held assets of $191k against liabilities of $0, net assets of $191k.