Jarrettsville Volunteer Fire Co Inc

Analysis

Jarrettsville Volunteer Fire Co Inc is a registered charity in United States, based in Jarrettsville, MD. It received its IRS tax-exemption ruling in May 2015, 11 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, Jarrettsville Volunteer Fire Co Inc reported income of $1.5m and spending of $1.2m, leaving 20% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.0m to $1.5m (+40%), an average of +8.9% a year. The sharpest change came in the year to June 2020, when income rose by 31%. Over the whole period it spent 78% 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, Jarrettsville Volunteer Fire Co Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 82nd percentile within MD. Charities of a similar size with the same main cause include Magnolia Volunteer Fire Company ($1.5m), Brain Injury Association of Pennsylvania Inc ($1.5m) and Charlotte County Rescue Squad Inc ($1.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 78% and program service revenue 22% of the total. Other salaries and wages came to $16k. At year end it held assets of $8.6m against liabilities of $380k, net assets of $8.2m. It reported 1 employees.