Eastern Garrett County Volunteer Fire and Rescue Department

Analysis

Eastern Garrett County Volunteer Fire and Rescue Department is a registered charity in United States, based in Frostburg, MD. It received its IRS tax-exemption ruling in January 1999, 27 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, Eastern Garrett County Volunteer Fire and Rescue Department reported income of $302k and spending of $376k, spending 124% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $274k to $302k (+10%), an average of +2.5% a year. The sharpest change came in the year to December 2020, when income rose by 17%. Over the whole period it spent 98% 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, Eastern Garrett County Volunteer Fire and Rescue Department sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 62nd percentile within MD. Charities of a similar size with the same main cause include Perrysville Volunteer Fire Company ($302k), Dcbe-Acton Volunteer Fire Department Inc ($302k) and Carnegie Volunteer Fire and Rescue Bureau ($302k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 73% of the total. At year end it held assets of $679k against liabilities of $600k, net assets of $79k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.