Middletown Volunteer Fire Company

Analysis

Middletown Volunteer Fire Company is a registered charity in United States, based in Middletown, MD. It received its IRS tax-exemption ruling in February 2015, 11 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, Middletown Volunteer Fire Company reported income of $446k and spending of $409k, spending 92% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $356k to $446k (+25%), an average of +5.8% a year. The sharpest change came in the year to June 2021, when income rose by 108%. Over the whole period it spent 75% 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, Middletown Volunteer Fire Company sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within MD. Charities of a similar size with the same main cause include Centralia-Peosta Community Fire Department ($445k), Water Witch Hose Company No 2 of New Milford ($446k) and Nefda Inc ($445k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 42% and program service revenue 12% of the total. It paid $14k in professional fundraising fees. At year end it held assets of $3.5m against liabilities of $1.3m, net assets of $2.1m.