New Sharon Fire and Rescue Association Incorporated

Analysis

New Sharon Fire and Rescue Association Incorporated is a registered charity in United States, based in New Sharon, IA. It received its IRS tax-exemption ruling in April 2007, 19 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 2024, New Sharon Fire and Rescue Association Incorporated reported income of $93k and spending of $82k, spending 88% of its income. Across the 3 years on record, from June 2021 to June 2024, income fell from $292k to $93k (-68%), an average of -44% a year. The sharpest change came in the year to June 2023, when income dropped by 68%. Over the whole period it spent 124% 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, New Sharon Fire and Rescue Association Incorporated sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 33rd percentile within IA. Charities of a similar size with the same main cause include New York State United Teachers Disaster Relief & Scholarship Fund ($93k), Valley Traffic Advisory Council ($93k) and Piercetown Fire Station ($92k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 85% and program service revenue 14% of the total. At year end it held assets of $184k against liabilities of $0, net assets of $184k.