Secretary Volunteer Fire Company Inc

Analysis

Secretary Volunteer Fire Company Inc is a registered charity in United States, based in Secretary, MD. It received its IRS tax-exemption ruling in May 2023, 3 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 2022, Secretary Volunteer Fire Company Inc reported income of $97k and spending of $76k, leaving 22% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income fell from $124k to $97k (-22%), an average of -7.9% a year. The sharpest change came in the year to December 2021, when income dropped by 19%. Over the whole period it spent 91% 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, Secretary Volunteer Fire Company Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 37th percentile within MD. Charities of a similar size with the same main cause include Frankford Volunteer Fire Department ($97k), Ladies Auxiliary of the Delawre City Fire Co No 1 ($97k) and Chapel Volunteer Fire Department ($97k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 90% and program service revenue 4.4% of the total. At year end it held assets of $793k against liabilities of $0, net assets of $793k.