Fruitland Volunteer Fire Company Inc

Analysis

Fruitland Volunteer Fire Company Inc is a registered charity in United States, based in Fruitland, MD. It received its IRS tax-exemption ruling in September 2014, 12 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 March 2024, Fruitland Volunteer Fire Company Inc reported income of $1.4m and spending of $1.0m, leaving 26% of income unspent that year. Across the 5 years on record, from March 2020 to March 2024, income grew from $791k to $1.4m (+71%), an average of +14% a year. The sharpest change came in the year to March 2021, when income rose by 96%. Over the whole period it spent 75% 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, Fruitland Volunteer Fire Company Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within MD. Charities of a similar size with the same main cause include Oklahoma Safety Council Incorporated ($1.4m), Slippery Rock Volunteer Fire Co & Rescue Team ($1.4m) and Erwin Fire Department and Rescue Squad Inc ($1.4m).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 65% and program service revenue 29% of the total. Other salaries and wages came to $473k. It paid $6,625 in professional fundraising fees. At year end it held assets of $5.5m against liabilities of $32k, net assets of $5.4m. It reported 24 employees.