Mondamin Fire-Rescue Inc

Analysis

Mondamin Fire-Rescue Inc is a registered charity in United States, based in Mondamin, IA. It received its IRS tax-exemption ruling in November 2022, 4 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, Mondamin Fire-Rescue Inc reported income of $263k and spending of $35k, leaving 87% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $106k to $263k (+147%), an average of +148% a year. The sharpest change came in the year to December 2023, when income rose by 147%. Over the whole period it spent 17% 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, Mondamin Fire-Rescue Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 61st percentile within IA. Charities of a similar size with the same main cause include Fishers Island Fire Dept ($263k), Newburg-Hopewell Volunteer Fire Company ($263k) and Where to Turn Inc ($263k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% and program service revenue 9.2% of the total. At year end it held assets of $492k against liabilities of $0, net assets of $492k.