Canton Volunteer Fire Department

Analysis

Canton Volunteer Fire Department is a registered charity in United States, based in Canton, SD. It received its IRS tax-exemption ruling in July 2014, 12 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, Canton Volunteer Fire Department reported income of $53k and spending of $30k, leaving 44% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $74k to $53k (-28%), an average of -15% a year. The sharpest change came in the year to December 2023, when income dropped by 22%. Over the whole period it spent 69% 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, Canton Volunteer Fire Department sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 15th percentile within SD. Charities of a similar size with the same main cause include Big Otter Volunteer Fire Department ($53k), Shamokin Volunteer Firemans Relief Association ($53k) and Lanesborough Volunteer Firemens Association Inc ($53k).

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 $38k against liabilities of $38k, net assets of $0.