The West Annapolis Fire and Improvement Company

Analysis

The West Annapolis Fire and Improvement Company is a registered charity in United States, based in Annapolis, MD. It received its IRS tax-exemption ruling in May 2019, 7 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 2024, The West Annapolis Fire and Improvement Company reported income of $94k and spending of $162k, spending 172% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $62k to $94k (+51%), an average of +11% a year. The sharpest change came in the year to June 2021, when income rose by 307%. Over the whole period it spent 128% 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, The West Annapolis Fire and Improvement Company sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 37th percentile within MD. Charities of a similar size with the same main cause include Glandorf Park Board Association Inc ($94k), Back Stoppers of Saint Charles County ($94k) and Berlin Volunteer Fire Company Inc ($94k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 0.3% and program service revenue 35% of the total. At year end it held assets of $669k against liabilities of $0, net assets of $669k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.