Water Witch Fire Co Inc

Analysis

Water Witch Fire Co Inc is a registered charity in United States, based in Port Deposit, MD. It received its IRS tax-exemption ruling in October 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 December 2023, Water Witch Fire Co Inc reported income of $1.0m and spending of $1.1m, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.1m to $1.0m (-5.0%), an average of -1.3% a year. The sharpest change came in the year to December 2023, when income rose by 20%. Over the whole period it spent 101% 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, Water Witch Fire Co 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 Friends of Colorado Avalanche Information Center ($1.0m), Rebuild North Bay Foundation ($1.0m) and New Hope Eagle Fire Co ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 53% and program service revenue 47% of the total. At year end it held assets of $2.1m against liabilities of $321k, net assets of $1.8m.

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.