Milo Fire Department

Analysis

Milo Fire Department is a registered charity in United States, based in Hamburg, AR. It received its IRS tax-exemption ruling in July 2021, 5 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, Milo Fire Department reported income of $97k and spending of $47k, leaving 51% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $67k to $97k (+44%), an average of +44% a year. The sharpest change came in the year to December 2023, when income rose by 44%. Over the whole period it spent 54% 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, Milo Fire Department sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 35th percentile within AR. Charities of a similar size with the same main cause include Bicycle Advocates for Annapolis & Anne Arundel County Incorporated ($97k), Steele Creek Acres Volunteer Fire Department ($97k) and Ranger Volunteer Fire Department ($97k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 74% of the total. At year end it held assets of $452k against liabilities of $22k, net assets of $430k.