Willards Volunteer Fire Co Inc

Analysis

Willards Volunteer Fire Co Inc is a registered charity in United States, based in Willards, MD. It received its IRS tax-exemption ruling in October 1999, 27 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, Willards Volunteer Fire Co Inc reported income of $746k and spending of $603k, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $480k to $746k (+55%), an average of +12% a year. The sharpest change came in the year to December 2020, when income rose by 75%. Over the whole period it spent 76% 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, Willards Volunteer Fire Co Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 75th percentile within MD. Charities of a similar size with the same main cause include Mt Jackson Rescue and Fire Department Inc ($745k), Partners United for Life Saving Education ($747k) and Friends of Easton Volunteer Fire Department Inc ($744k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% and program service revenue 11% of the total. Other salaries and wages came to $128k. At year end it held assets of $3.0m against liabilities of $0, net assets of $3.0m. It reported 9 employees.