Bowmans Addition Volunteer Fire Company

Analysis

Bowmans Addition Volunteer Fire Company is a registered charity in United States, based in Cumberland, MD. It received its IRS tax-exemption ruling in May 2000, 26 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Bowmans Addition Volunteer Fire Company reported income of $119k and spending of $154k, spending 130% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $279k to $119k (-57%), an average of -19% a year. The sharpest change came in the year to December 2021, when income dropped by 51%. Over the whole period it spent 103% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Bowmans Addition Volunteer Fire Company sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 42nd percentile within MD. Charities of a similar size with the same main cause include Saban Charitable Support Fund ($119k), Alpha Sigma Foundation ($119k) and J P Hudson Memorial Park Inc ($118k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% of the total. At year end it held assets of $344k against liabilities of $0, net assets of $344k.