Potomac Heights Volunteer Fire Dept and Rescue Squad Incorporated

Analysis

Potomac Heights Volunteer Fire Dept and Rescue Squad Incorporated is a registered charity in United States, based in Indian Head, MD. It received its IRS tax-exemption ruling in March 2003, 23 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, Potomac Heights Volunteer Fire Dept and Rescue Squad Incorporated reported income of $917k and spending of $386k, leaving 58% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $800k to $917k (+15%), an average of +4.6% a year. Over the whole period it spent 50% 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, Potomac Heights Volunteer Fire Dept and Rescue Squad Incorporated 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 78th percentile within MD. Charities of a similar size with the same main cause include Kids on Bikes Inc ($916k), Butler Township Volunteer Fire District ($918k) and National Board on Fire Service Professional Qualifications Inc ($915k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% and program service revenue 0.1% of the total. At year end it held assets of $3.2m against liabilities of $0, net assets of $3.2m.