Arnold Volunteer Fire Department Inc

Analysis

Arnold Volunteer Fire Department Inc is a registered charity in United States, based in Arnold, MD. It received its IRS tax-exemption ruling in January 1984, 42 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 June 2023, Arnold Volunteer Fire Department Inc reported income of $132k and spending of $260k, spending 197% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $126k to $132k (+5.4%), an average of +1.3% a year. The sharpest change came in the year to June 2020, when income rose by 183%. Over the whole period it spent 100% 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, Arnold Volunteer Fire Department Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 45th percentile within MD. Charities of a similar size with the same main cause include Piney River Volunteer Fire Dept ($132k), Bethpage Fire Department ($132k) and Clarksville and Community Volunteer Fire Department ($132k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. It paid $16k in professional fundraising fees. At year end it held assets of $1.4m against liabilities of $224k, net assets of $1.2m.