Hyattsville Volunteer Fire Department Incorporated

Analysis

Hyattsville Volunteer Fire Department Incorporated is a registered charity in United States, based in Hyattsville, MD. It received its IRS tax-exemption ruling in June 1999, 27 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, Hyattsville Volunteer Fire Department Incorporated reported income of $488k and spending of $648k, spending 133% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $711k to $488k (-31%), an average of -9.0% a year. The sharpest change came in the year to December 2021, when income rose by 39%. Over the whole period it spent 103% 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, Hyattsville Volunteer Fire Department Incorporated sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 69th percentile within MD. Charities of a similar size with the same main cause include Greene County Association of Volunteer Fire Departments ($488k), Michigan Fire Inspectors Society ($488k) and Relief Fire Co 4 ($488k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 61% and program service revenue 31% of the total. Other salaries and wages came to $62k. At year end it held assets of $3.3m against liabilities of $102k, net assets of $3.2m. It reported 1 employees.