Carroll Manor Fire Co Inc

Analysis

Carroll Manor Fire Co Inc is a registered charity in United States, based in Adamstown, MD. It received its IRS tax-exemption ruling in October 1998, 28 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, Carroll Manor Fire Co Inc reported income of $431k and spending of $482k, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $605k to $431k (-29%), an average of -8.1% a year. The sharpest change came in the year to December 2020, when income rose by 95%. Over the whole period it spent 87% 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, Carroll Manor Fire Co 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 Tafton Ambulance Ep Inc ($431k), Westfall Volunteer Fire Department Inc ($431k) and Shmira Civilian Volunteer Patrol of Boro Park Inc ($431k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% and program service revenue 12% of the total. At year end it held assets of $2.4m against liabilities of $375k, net assets of $2.1m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.