White Marsh Volunteer Fire Company Inc

Analysis

White Marsh Volunteer Fire Company Inc is a registered charity in United States, based in White Marsh, MD. It received its IRS tax-exemption ruling in July 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 (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, White Marsh Volunteer Fire Company Inc reported income of $1.0m and spending of $1.0m, spending 99% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $632k to $1.0m (+65%), an average of +13% a year. The sharpest change came in the year to June 2022, when income rose by 47%. Over the whole period it spent 94% 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, White Marsh Volunteer Fire Company 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 Air Charter Safety Foundation ($1.0m), Mariposa County Fire Safe Council Inc ($1.0m) and Bowers Fire Company Inc ($1.0m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 79% and program service revenue 4.2% of the total. At year end it held assets of $10.0m against liabilities of $2.8m, net assets of $7.2m.