The Cordova Volunteer Firemen Association Inc

Analysis

The Cordova Volunteer Firemen Association Inc is a registered charity in United States, based in Cordova, MD. It received its IRS tax-exemption ruling in May 2008, 18 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, The Cordova Volunteer Firemen Association Inc reported income of $613k and spending of $256k, leaving 58% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $387k to $613k (+58%), an average of +12% a year. The sharpest change came in the year to December 2023, when income rose by 37%. Over the whole period it spent 51% 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, The Cordova Volunteer Firemen Association Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 72nd percentile within MD. Charities of a similar size with the same main cause include Jeffersonville Volunteer First Aid Corps Inc ($613k), Rawlinsville Fire Company ($613k) and North 40 Mountain Alliance Inc ($612k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 69% of the total. At year end it held assets of $4.4m against liabilities of $0, net assets of $4.4m.