Floyd Community Volunteer Firedepartment Incorporated

Analysis

Floyd Community Volunteer Firedepartment Incorporated is a registered charity in United States, based in Floyd, IA. It received its IRS tax-exemption ruling in December 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 June 2024, Floyd Community Volunteer Firedepartment Incorporated reported income of $124k and spending of $75k, leaving 39% of income unspent that year. Across the 3 years on record, from June 2022 to June 2024, income grew from $75k to $124k (+64%), an average of +28% a year. The sharpest change came in the year to June 2024, when income rose by 36%. Over the whole period it spent 76% 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, Floyd Community Volunteer Firedepartment Incorporated sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 42nd percentile within IA. Charities of a similar size with the same main cause include Lansing Fire Department ($124k), Wisconsin Airport Management Associates Inc ($124k) and Gates-Chili Fire Department Inc ($124k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 19% and program service revenue 70% of the total. At year end it held assets of $346k against liabilities of $13k, net assets of $333k.