Prince Frederick Volunteer Rescue Squad Inc

Analysis

Prince Frederick Volunteer Rescue Squad Inc is a registered charity in United States, based in PRNC Frederck, MD. It received its IRS tax-exemption ruling in January 2016, 10 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 2023, Prince Frederick Volunteer Rescue Squad Inc reported income of $280k and spending of $250k, spending 90% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $260k to $280k (+7.4%), an average of +2.4% a year. The sharpest change came in the year to June 2023, when income rose by 283%. Over the whole period it spent 116% 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, Prince Frederick Volunteer Rescue Squad Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 60th percentile within MD. Charities of a similar size with the same main cause include Castalia Volunteer Fire Department Inc ($280k), East Bend Volunteer Fire Department Inc ($280k) and Melville Volunteer Fire Dept Inc ($279k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 88% of the total. At year end it held assets of $129k against liabilities of $3,130, net assets of $125k.