Greensboro Volunteer Fire Company Incorporated

Analysis

Greensboro Volunteer Fire Company Incorporated is a registered charity in United States, based in Greensboro, MD. It received its IRS tax-exemption ruling in November 2002, 24 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, Greensboro Volunteer Fire Company Incorporated reported income of $497k and spending of $387k, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $325k to $497k (+53%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 46%. Over the whole period it spent 70% 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, Greensboro Volunteer Fire Company Incorporated sits at the 83rd percentile: it is larger than about 83% 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 Berlin Area Ambulance Assn Inc ($497k), Tzevet Hatzolah Emergency Response Inc ($498k) and Fredonia Volunteer Fire Department Inc ($497k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% of the total. At year end it held assets of $1.7m against liabilities of $258k, net assets of $1.4m.