Holstein Fire & Ambulance Association

Analysis

Holstein Fire & Ambulance Association is a registered charity in United States, based in Holstein, IA. It received its IRS tax-exemption ruling in May 2009, 17 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, Holstein Fire & Ambulance Association reported income of $116k and spending of $197k, spending 169% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income fell from $271k to $116k (-57%), an average of -25% a year. The sharpest change came in the year to December 2022, when income rose by 76%. Over the whole period it spent 47% 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, Holstein Fire & Ambulance Association sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 40th percentile within IA. Charities of a similar size with the same main cause include Hatfield Volunteer Firefighters Relief Association ($116k), Wallkill Hook Ladder and Hose Co Inc ($116k) and Ionia Volunteer Fire Company Inc ($116k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% of the total. At year end it held assets of $568k against liabilities of $0, net assets of $568k.