Leonardtown Volunteer Fire Department Inc

Analysis

Leonardtown Volunteer Fire Department Inc is a registered charity in United States, based in Leonardtown, MD. It received its IRS tax-exemption ruling in September 1990, 36 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 June 2023, Leonardtown Volunteer Fire Department Inc reported income of $1.0m and spending of $643k, leaving 39% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $720k to $1.0m (+46%), an average of +9.9% a year. The sharpest change came in the year to June 2022, when income rose by 20%. Over the whole period it spent 77% 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, Leonardtown Volunteer Fire Department Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 79th percentile within MD. Charities of a similar size with the same main cause include International Hunter Education Association ($1.0m), National Council for Occupational Safety and Health ($1.1m) and Pembroke Rescue Squad Inc ($1.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 87% of the total. At year end it held assets of $4.8m against liabilities of $13k, net assets of $4.7m.