Friendsville Volunteer Fire and Rescue Department Inc

Analysis

Friendsville Volunteer Fire and Rescue Department Inc is a registered charity in United States, based in Friendsville, MD. It received its IRS tax-exemption ruling in March 1997, 29 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, Friendsville Volunteer Fire and Rescue Department Inc reported income of $207k and spending of $273k, spending 132% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $220k to $207k (-6.0%), an average of -1.5% a year. The sharpest change came in the year to December 2023, when income dropped by 23%. Over the whole period it spent 97% 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, Friendsville Volunteer Fire and Rescue Department Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 55th percentile within MD. Charities of a similar size with the same main cause include First West Chester Fire Co ($207k), Great Falls Volunteer Fire Department Incorporated 22066 ($207k) and South Skyline Fire Safe Council ($207k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 0.1% of the total. At year end it held assets of $1.2m against liabilities of $159k, net assets of $1.1m.