Leitersburg Volunteer Fire Company

Analysis

Leitersburg Volunteer Fire Company is a registered charity in United States, based in Hagerstown, MD. It received its IRS tax-exemption ruling in April 1993, 33 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 June 2023, Leitersburg Volunteer Fire Company reported income of $673k and spending of $266k, leaving 61% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $364k to $673k (+85%), an average of +23% a year. The sharpest change came in the year to June 2023, when income rose by 108%. Over the whole period it spent 59% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Leitersburg Volunteer Fire Company sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within MD. Charities of a similar size with the same main cause include The Research and Educational Foundation of the Ohio Hospital ($673k), Oak Grove Montessori Elementary School Inc ($673k) and Sexual Assault Family Emergency of Harnett County Inc ($673k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 43% and program service revenue 0.5% of the total. At year end it held assets of $2.4m against liabilities of $573k, net assets of $1.9m.