Sand Lake Volunteer Fire Department

Analysis

Sand Lake Volunteer Fire Department is a registered charity in United States, based in Tipton, MI. It received its IRS tax-exemption ruling in September 1974, 52 years ago. 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, Sand Lake Volunteer Fire Department reported income of $461k and spending of $474k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $379k to $461k (+22%), an average of +5.0% a year. The sharpest change came in the year to December 2021, when income rose by 45%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sand Lake Volunteer Fire Department sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within MI. Charities of a similar size with the same main cause include Sunrise Bluff Estates Inc ($461k), Boy Scouts of America ($461k) and NCR of Queensbury Housing Development Fund Co ($461k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 1.7% of the total. Compensation of current officers, directors and key employees was $81k (17% of expenses). Other salaries and wages came to $93k. At year end it held assets of $2.0m against liabilities of $74k, net assets of $2.0m. It reported 27 employees.