Lake Johanna Volunteer Fire Department

Analysis

Lake Johanna Volunteer Fire Department is a registered charity in United States, based in Arden Hills, MN. It received its IRS tax-exemption ruling in September 1981, 45 years ago. 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, Lake Johanna Volunteer Fire Department reported income of $3.8m and spending of $3.3m, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.7m to $3.8m (+39%), an average of +8.5% a year. The sharpest change came in the year to December 2020, when income rose by 45%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lake Johanna Volunteer Fire Department sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within MN. Charities of a similar size with the same main cause include Allapattah Community Action Inc ($3.8m), Francis Heights Inc ($3.8m) and The Dubuque Visiting Nurse Association ($3.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 20% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $545k (16% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $5.9m against liabilities of $218k, net assets of $5.7m. It reported 91 employees.