Community Fire Company of Perryville MD Inc

Analysis

Community Fire Company of Perryville MD Inc is a registered charity in United States, based in Perryville, MD. It received its IRS tax-exemption ruling in January 1989, 37 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Community Fire Company of Perryville MD Inc reported income of $935k and spending of $832k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $759k to $935k (+23%), an average of +5.3% a year. The sharpest change came in the year to December 2021, when income rose by 40%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Community Fire Company of Perryville MD Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within MD. Charities of a similar size with the same main cause include United Way of McMinn & Meigs Counties ($935k), New Hope Christian Counseling Foundation Inc ($935k) and National Church Residences ($935k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 47% and program service revenue 37% of the total. Other salaries and wages came to $160k. At year end it held assets of $3.5m against liabilities of $8,805, net assets of $3.5m. It reported 23 employees.