Little Canada Fire Department Inc

Analysis

Little Canada Fire Department Inc is a registered charity in United States, based in Little Canada, MN. It received its IRS tax-exemption ruling in March 1975, 51 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, Little Canada Fire Department Inc reported income of $695k and spending of $745k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $529k to $695k (+31%), an average of +7.0% a year. The sharpest change came in the year to December 2021, when income rose by 34%. Over the whole period it spent 106% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Little Canada Fire Department Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 74th percentile within MN. Charities of a similar size with the same main cause include Disciples House of Glendale Inc ($695k), Ringgold County Group Home Inc ($695k) and Pregnancy Care Center of the Traverse Bay Area ($695k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 67% of the total. Compensation of current officers, directors and key employees was $40k (5.3% of expenses). Other salaries and wages came to $161k. At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m. It reported 52 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.