Grasonville Volunteer Fire Dept

Analysis

Grasonville Volunteer Fire Dept is a registered charity in United States, based in Grasonville, MD. It received its IRS tax-exemption ruling in August 1996, 30 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, Grasonville Volunteer Fire Dept reported income of $843k and spending of $432k, leaving 49% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $662k to $843k (+27%), an average of +6.2% a year. The sharpest change came in the year to December 2022, when income rose by 17%. Over the whole period it spent 59% 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, Grasonville Volunteer Fire Dept sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within MD. Charities of a similar size with the same main cause include Colorado Healing Fund ($842k), Mardela Springs Volunteer Fire Company Incorporated ($844k) and Central Oregon Forest Stewardship Foundation ($840k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 0.2% of the total. Other salaries and wages came to $7,230. At year end it held assets of $4.0m against liabilities of $1,495, net assets of $4.0m. It reported 7 employees.