Hyattstown Volunteer Fire Dept Inc

Analysis

Hyattstown Volunteer Fire Dept Inc is a registered charity in United States, based in Clarksburg, MD. It received its IRS tax-exemption ruling in March 1992, 34 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Hyattstown Volunteer Fire Dept Inc reported income of $177k and spending of $67k, leaving 62% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $266k to $177k (-33%), an average of -9.6% a year. The sharpest change came in the year to June 2023, when income dropped by 38%. Over the whole period it spent 28% 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, Hyattstown Volunteer Fire Dept Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 51st percentile within MD. Charities of a similar size with the same main cause include Deer Park Lepc Inc ($177k), Ohio River Road Voluntary Fire ($177k) and San Antonio Firefighters Benevolent Fund Inc ($177k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 93% of the total. Other salaries and wages came to $16k. At year end it held assets of $5.4m against liabilities of $80k, net assets of $5.4m. It reported 1 employees.