MPublic Safety, Disaster Preparedness & ReliefEIN: 526042926· Ruling Year: 1978

Clearspring Volunteer Fire Company Incorporated

Clear Spring, Maryland

BHealth Score
60B

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Above Average

💰
$600K
Total Revenue
📊
$678K
Total Expenses
🏦
$2.3M
Net Assets
📋
$715K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+12.9%
Year-over-year change (2022 → 2023)
Net Margin
-13.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
3.40
Net assets divided by total expenses
Liabilities-to-Assets
23.6%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$600,21913%$678,18920%$3,024,0135%
2022$531,53837%$564,1956%$3,192,19032%
2021$850,235101%$534,7609%$2,425,0991%
2020$423,71741%$490,7122%$2,402,2864%
2019$723,26367%$499,3407%$2,492,4707%
2018$432,81624%$465,0511%$2,327,5044%
2017$568,53312%$461,51418%$2,416,9972%
2016$506,0621%$391,99629%$2,361,7583%
2015$510,02661%$303,02822%$2,298,43451%
2014$317,51116%$387,4451%$1,517,90025%
2013$378,24925%$389,5698%$2,026,7041%
2012$507,29437%$361,0698%$2,055,8907%
2011$371,620$334,444$1,926,134

Frequently Asked Questions

What does Clearspring Volunteer Fire Company Incorporated do?

Clearspring Volunteer Fire Company Incorporated is a public safety, disaster preparedness & relief nonprofit organization based in Maryland. It is classified under NTEE code M24Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Clearspring Volunteer Fire Company Incorporated financially healthy?

Based on our 9-metric Financial Health Score model, Clearspring Volunteer Fire Company Incorporated has a score of 60/100 (Grade: B). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Clearspring Volunteer Fire Company Incorporated generate?

Clearspring Volunteer Fire Company Incorporated reports $698K in annual revenue and holds $3.0M in total assets, based on IRS filings.

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