Glenwood Volunteer Fire Department Inc

Analysis

Glenwood Volunteer Fire Department Inc is a registered charity in United States, based in Glenwood, IN. It received its IRS tax-exemption ruling in February 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, Glenwood Volunteer Fire Department Inc reported income of $118k and spending of $90k, leaving 24% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $124k to $118k (-4.6%), an average of -4.6% a year. Over the whole period it spent 95% 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, Glenwood Volunteer Fire Department Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 39th percentile within IN. Charities of a similar size with the same main cause include New Hope Volunteer Fire Department ($118k), Red House Volunteer Fire Department ($118k) and Harrellsville Volunteer Fire Dept ($118k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 89% of the total. At year end it held assets of $248k against liabilities of $18k, net assets of $230k.