The East New Market Volunteer Fire Department Incorporated

Analysis

The East New Market Volunteer Fire Department Incorporated is a registered charity in United States, based in E New Market, MD. It received its IRS tax-exemption ruling in May 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 December 2023, The East New Market Volunteer Fire Department Incorporated reported income of $278k and spending of $295k, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $182k to $278k (+53%), an average of +11% a year. The sharpest change came in the year to December 2023, when income rose by 74%. Over the whole period it spent 101% 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, The East New Market Volunteer Fire Department Incorporated sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 60th percentile within MD. Charities of a similar size with the same main cause include Pilot Knob Volunteer Fire Departmen T Inc ($278k), R W & B T Volunteer Fire Company ($278k) and East Chilton Volunteer Fire Department ($278k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 42% and program service revenue 7.9% of the total. At year end it held assets of $3.3m against liabilities of $856k, net assets of $2.5m.