Berlin Fire Company Inc

Analysis

Berlin Fire Company Inc is a registered charity in United States, based in Berlin, MD. It received its IRS tax-exemption ruling in March 1987, 39 years ago. 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, Berlin Fire Company Inc reported income of $985k and spending of $870k, spending 88% of its income. Across the 6 years on record, from June 2019 to June 2024, income fell from $994k to $985k (-0.9%), an average of -0.2% a year. The sharpest change came in the year to June 2024, when income rose by 39%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Berlin Fire Company Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 78th percentile within MD. Charities of a similar size with the same main cause include Chesapeake Care Inc ($985k), Jeffries Family Scholarship ($985k) and Wilcox Health Foundation ($985k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 97% of the total. At year end it held assets of $7.2m against liabilities of $2.1m, net assets of $5.2m.