New Baltimore Volunteer Fire & Rescue Company Inc

Analysis

New Baltimore Volunteer Fire & Rescue Company Inc is a registered charity in United States, based in Warrenton, VA. It received its IRS tax-exemption ruling in January 2020, 6 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, New Baltimore Volunteer Fire & Rescue Company Inc reported income of $743k and spending of $811k, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $767k to $743k (-3.1%), an average of -0.8% a year. The sharpest change came in the year to December 2022, when income rose by 78%. 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, New Baltimore Volunteer Fire & Rescue Company Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within VA. Charities of a similar size with the same main cause include Cliffside Area Fire Department Inc ($743k), Churchville Volunteer Fire Department Incorporated ($744k) and Charlestown Volunteer Fire Department Inc ($742k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. At year end it held assets of $6.8m against liabilities of $4.3m, net assets of $2.5m.