Belmond Fire Dept Foundation

Analysis

Belmond Fire Dept Foundation is a registered charity in United States, based in Belmond, IA. It received its IRS tax-exemption ruling in January 2013, 13 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, Belmond Fire Dept Foundation reported income of $61k and spending of $26k, leaving 57% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $178k to $61k (-66%), an average of -23% a year. The sharpest change came in the year to December 2020, when income dropped by 59%. Over the whole period it spent 196% 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, Belmond Fire Dept Foundation sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 21st percentile within IA. Charities of a similar size with the same main cause include The Voila Foundation Inc ($61k), Florida State Firefighters Education Foundation Inc ($61k) and Valley Springs Fire Association ($61k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 51% and program service revenue 18% of the total. At year end it held assets of $718k against liabilities of $0, net assets of $718k.