Mardela Springs Volunteer Fire Company Incorporated

Analysis

Mardela Springs Volunteer Fire Company Incorporated is a registered charity in United States, based in Mardela SPGS, MD. It received its IRS tax-exemption ruling in August 1980, 46 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, Mardela Springs Volunteer Fire Company Incorporated reported income of $844k and spending of $754k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $613k to $844k (+38%), an average of +8.3% a year. The sharpest change came in the year to December 2020, when income rose by 84%. Over the whole period it spent 70% 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, Mardela Springs Volunteer Fire Company Incorporated sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within MD. Charities of a similar size with the same main cause include Grasonville Volunteer Fire Dept ($843k), Keystone Hook & Ladder No 1 ($844k) and Colorado Healing Fund ($842k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 78% and program service revenue 10.0% of the total. Other salaries and wages came to $252k. At year end it held assets of $2.7m against liabilities of $0, net assets of $2.7m. It reported 11 employees.