Upperco Volunteer Fire Company Inc

Analysis

Upperco Volunteer Fire Company Inc is a registered charity in United States, based in Upperco, MD. It received its IRS tax-exemption ruling in August 2018, 8 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, Upperco Volunteer Fire Company Inc reported income of $672k and spending of $661k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.0m to $672k (-35%), an average of -10% a year. The sharpest change came in the year to December 2022, when income rose by 538%. Over the whole period it spent 32% 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, Upperco Volunteer Fire Company Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within MD. Charities of a similar size with the same main cause include Northeast Burnet County Fire and Rescue Inc ($671k), Kenly Volunteer Fire Dept ($673k) and Wendelville Fire Company Inc ($671k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 59% of the total. Other salaries and wages came to $158k. At year end it held assets of $10.2m against liabilities of $1.9m, net assets of $8.2m. It reported 13 employees.