Salisbury Fire Department 2 Inc

Analysis

Salisbury Fire Department 2 Inc is a registered charity in United States, based in Salisbury, MD. It received its IRS tax-exemption ruling in December 1988, 38 years ago. 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, Salisbury Fire Department 2 Inc reported income of $142k and spending of $117k, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $106k to $142k (+33%), an average of +7.4% a year. The sharpest change came in the year to December 2022, when income rose by 63%. Over the whole period it spent 58% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Salisbury Fire Department 2 Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 46th percentile within MD. Charities of a similar size with the same main cause include Benzie Area Historical Society ($142k), Treasure Island Museum ($142k) and Indiana University of Pennsylvania Alumni Association ($142k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $4,500 (3.9% of expenses). At year end it held assets of $856k against liabilities of $0, net assets of $856k.