Ferndale Vol Fire Co Inc

Analysis

Ferndale Vol Fire Co Inc is a registered charity in United States, based in Glen Burnie, MD. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Ferndale Vol Fire Co Inc reported income of $275k and spending of $231k, spending 84% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $135k to $275k (+104%), an average of +15% a year. The sharpest change came in the year to June 2021, when income rose by 96%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ferndale Vol Fire Co Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 60th percentile within MD. Charities of a similar size with the same main cause include Washington Research Council ($275k), Mercedarian Missionaries of Berriz Trust Fund ($275k) and Los Angeles Kwan Um Sa Temple of Korean Buddhist Jogye Order Inc ($275k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 25% and program service revenue 26% of the total. At year end it held assets of $956k against liabilities of $0, net assets of $956k.