Reinbeck Firemen Inc

Analysis

Reinbeck Firemen Inc is a registered charity in United States, based in Reinbeck, IA. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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, Reinbeck Firemen Inc reported income of $170k and spending of $80k, leaving 53% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $208k to $170k (-18%), an average of -9.6% a year. The sharpest change came in the year to December 2023, when income dropped by 32%. Over the whole period it spent 53% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Reinbeck Firemen Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 51st percentile within IA. Charities of a similar size with the same main cause include Community Housing Services Inc ($170k), Idaho Falls School District 91 Education Foundation Inc ($170k) and Charlotte Good Neighbor Fund ($170k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 28% and program service revenue 42% of the total. Compensation of current officers, directors and key employees was $3,250 (4.1% of expenses). At year end it held assets of $623k against liabilities of $0, net assets of $623k.