Smithsburg Community Volunteer Fire Company

Analysis

Smithsburg Community Volunteer Fire Company is a registered charity in United States, based in Smithsburg, MD. It received its IRS tax-exemption ruling in November 2008, 18 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, Smithsburg Community Volunteer Fire Company reported income of $518k and spending of $261k, leaving 50% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $337k to $518k (+54%), an average of +11% a year. The sharpest change came in the year to December 2022, when income rose by 103%. Over the whole period it spent 60% 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, Smithsburg Community Volunteer Fire Company sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 70th percentile within MD. Charities of a similar size with the same main cause include Belews Creek Volunteer Fire and Rescue Department Inc ($518k), Lake of the Woods Volunteer Fire & Rescue Company Inc ($519k) and Blue Ridge Rescue Squad ($518k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% of the total. At year end it held assets of $1.5m against liabilities of $1,286, net assets of $1.5m.