Colome Volunteer Fire Department Inc

Analysis

Colome Volunteer Fire Department Inc is a registered charity in United States, based in Colome, SD. It received its IRS tax-exemption ruling in June 2006, 20 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, Colome Volunteer Fire Department Inc reported income of $92k and spending of $71k, leaving 23% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $69k to $92k (+34%), an average of +34% a year. The sharpest change came in the year to December 2023, when income rose by 34%. Over the whole period it spent 90% 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, Colome Volunteer Fire Department Inc 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 29th percentile within SD. Charities of a similar size with the same main cause include Trail Prospectors Alliance ($92k), Colden Fire Company ($92k) and Tinton Falls Fire Co No 1 ($92k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $432k against liabilities of $45k, net assets of $386k.