Friends of Easton Volunteer Fire Department Inc

Analysis

Friends of Easton Volunteer Fire Department Inc is a registered charity in United States, based in Easton, MD. It received its IRS tax-exemption ruling in July 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 supporting organisation (type iii other) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Friends of Easton Volunteer Fire Department Inc reported income of $744k and spending of $12k, leaving 98% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $92k to $744k (+708%), an average of +708% a year. The sharpest change came in the year to June 2024, when income rose by 708%. Over the whole period it spent 3.0% 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, Friends of Easton Volunteer Fire Department Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 75th percentile within MD. Charities of a similar size with the same main cause include Churchville Volunteer Fire Department Incorporated ($744k), Mt Jackson Rescue and Fire Department Inc ($745k) and New Baltimore Volunteer Fire & Rescue Company Inc ($743k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 99% of the total. At year end it held assets of $811k against liabilities of $0, net assets of $811k.