Lansdowne Volunteer Fire Association No 1 Inc

Analysis

Lansdowne Volunteer Fire Association No 1 Inc is a registered charity in United States, based in Halethorpe, MD. It received its IRS tax-exemption ruling in November 2014, 12 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, Lansdowne Volunteer Fire Association No 1 Inc reported income of $341k and spending of $458k, spending 134% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $481k to $341k (-29%), an average of -8.3% a year. The sharpest change came in the year to December 2023, when income dropped by 23%. Over the whole period it spent 103% 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, Lansdowne Volunteer Fire Association No 1 Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 64th percentile within MD. Charities of a similar size with the same main cause include District 6 Hospital Preparedness Planning Committee Inc ($341k), Lamott Fire Company No 1 ($341k) and Chicago Fire Department Foundation ($340k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $146k. At year end it held assets of $1.0m against liabilities of $0, net assets of $1.0m. It reported 19 employees.