Libertytown Volunteer Fire Dept Inc

Analysis

Libertytown Volunteer Fire Dept Inc is a registered charity in United States, based in Libertytown, MD. It received its IRS tax-exemption ruling in April 2022, 4 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 June 2024, Libertytown Volunteer Fire Dept Inc reported income of $433k and spending of $441k, spending 102% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $337k to $433k (+29%), an average of +6.5% a year. The sharpest change came in the year to June 2021, when income rose by 30%. Over the whole period it spent 116% 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, Libertytown Volunteer Fire Dept Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 67th percentile within MD. Charities of a similar size with the same main cause include Nechama-Jewish Disaster Response ($433k), Northern Lebanon Fire and Emergency Services Inc ($434k) and Saxton Volunteer Fire Company ($433k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 61% and program service revenue 19% of the total. It paid $4,244 in professional fundraising fees. At year end it held assets of $2.5m against liabilities of $1.4m, net assets of $1.1m.