Box Elder Volunteer Fire Department

Analysis

Box Elder Volunteer Fire Department is a registered charity in United States, based in Box Elder, SD. It received its IRS tax-exemption ruling in May 2018, 8 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 (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 2022, Box Elder Volunteer Fire Department reported income of $274k and spending of $248k, spending 91% of its income. Across the 3 years on record, from December 2019 to December 2022, income grew from $115k to $274k (+137%), an average of +54% a year. The sharpest change came in the year to December 2020, when income rose by 77%. Over the whole period it spent 97% 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, Box Elder Volunteer Fire Department sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 58th percentile within SD. Charities of a similar size with the same main cause include Center for Campus Fire Safety Inc ($274k), Greensboro Police Foundation ($274k) and Scurry Volunteer Fire Dept ($274k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 85% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $49k (20% of expenses). Other salaries and wages came to $88k. At year end it held assets of $114k against liabilities of $6,359, net assets of $107k.