Snow Hill Volunteer Fire Company Inc

Analysis

Snow Hill Volunteer Fire Company Inc is a registered charity in United States, based in Snow Hill, MD. It received its IRS tax-exemption ruling in March 1997, 29 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 May 2023, Snow Hill Volunteer Fire Company Inc reported income of $1.8m and spending of $1.9m, spending 103% of its income. Across the 4 years on record, from May 2020 to May 2023, income grew from $1.4m to $1.8m (+36%), an average of +11% a year. The sharpest change came in the year to May 2021, when income rose by 25%. Over the whole period it spent 96% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Snow Hill Volunteer Fire Company Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 84th percentile within MD. Charities of a similar size with the same main cause include Recovery Management Systems Inc ($1.8m), Three Rivers Mental Health and Chemical Dependency Center ($1.8m) and Piedmont Athens Regional Foundation Inc ($1.8m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 77% and program service revenue 21% of the total. Compensation of current officers, directors and key employees was $65k (3.4% of expenses). Other salaries and wages came to $826k. At year end it held assets of $3.4m against liabilities of $275k, net assets of $3.1m. It reported 34 employees.