St Leonard Volunteer Fire and Rescue Company 7 Inc

Analysis

St Leonard Volunteer Fire and Rescue Company 7 Inc is a registered charity in United States, based in Saint Leonard, MD. It received its IRS tax-exemption ruling in June 2023, 3 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, St Leonard Volunteer Fire and Rescue Company 7 Inc reported income of $908k and spending of $1.1m, spending 119% of what it took in. Across the 3 years on record, from June 2021 to June 2023, income grew from $703k to $908k (+29%), an average of +14% a year. The sharpest change came in the year to June 2022, when income rose by 25%. Over the whole period it spent 115% 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, St Leonard Volunteer Fire and Rescue Company 7 Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 77th percentile within MD. Charities of a similar size with the same main cause include Long Term Disaster Recovery Corporation Inc ($908k), Acme-Delco-Riegelwood Fire-Rescue Inc ($909k) and Victoria County Long Term Recovery Group ($908k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 70% and program service revenue 30% of the total. At year end it held assets of $2.1m against liabilities of $2.2m, net assets of -$31k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.