Kalona Volunteer Fire Department

Analysis

Kalona Volunteer Fire Department is a registered charity in United States, based in Kalona, IA. It received its IRS tax-exemption ruling in March 2015, 11 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Kalona Volunteer Fire Department reported income of $205k and spending of $141k, leaving 31% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $141k to $205k (+45%), an average of +9.8% a year. The sharpest change came in the year to December 2020, when income rose by 59%. Over the whole period it spent 78% 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, Kalona Volunteer Fire Department sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 55th percentile within IA. Charities of a similar size with the same main cause include Lafferty Volunteer Fire Department Inc ($205k), Setauket Fire Department Inc ($205k) and Volunteer Fireman Association of Liberty Borough ($205k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 61% of the total. At year end it held assets of $942k against liabilities of $0, net assets of $942k.