The Independent Volunteer Firmens Assn of Ritchie MD Inc

Analysis

The Independent Volunteer Firmens Assn of Ritchie MD Inc is a registered charity in United States, based in Capitol HGTS, MD. It received its IRS tax-exemption ruling in December 1990, 36 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 December 2023, The Independent Volunteer Firmens Assn of Ritchie MD Inc reported income of $94k and spending of $131k, spending 140% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $86k to $94k (+9.1%), an average of +2.2% a year. The sharpest change came in the year to December 2021, when income rose by 160%. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Independent Volunteer Firmens Assn of Ritchie MD Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 37th percentile within MD. Charities of a similar size with the same main cause include Green Bay Preble Quarterback Club ($94k), Little League Baseball Inc ($94k) and Little League Baseball Inc ($94k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $772k against liabilities of $265k, net assets of $507k.