Pocomoke Volunteer Fire Co

Analysis

Pocomoke Volunteer Fire Co is a registered charity in United States, based in Pocomoke City, MD. It received its IRS tax-exemption ruling in March 2011, 15 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, Pocomoke Volunteer Fire Co reported income of $556k and spending of $404k, leaving 27% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $440k to $556k (+26%), an average of +8.1% a year. The sharpest change came in the year to December 2021, when income rose by 24%. Over the whole period it spent 75% 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, Pocomoke Volunteer Fire Co sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 71st percentile within MD. Charities of a similar size with the same main cause include Flourtown Fire Company ($555k), Wissahickon Fire Co of Ambler Pa ($556k) and Maysville Fire and Ems Inc ($554k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% of the total. At year end it held assets of $3.4m against liabilities of $1,000, net assets of $3.4m.