Porter Township Volunteer Firemen Inc

Analysis

Porter Township Volunteer Firemen Inc is a registered charity in United States, based in Boone Grove, IN. It received its IRS tax-exemption ruling in October 1983, 43 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 2023, Porter Township Volunteer Firemen Inc reported income of $198k and spending of $216k, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $256k to $198k (-23%), an average of -6.3% a year. The sharpest change came in the year to December 2020, when income rose by 23%. Over the whole period it spent 85% 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, Porter Township Volunteer Firemen Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 52nd percentile within IN. Charities of a similar size with the same main cause include Cooksville Volunteer Fire Dept ($198k), Eden Firemens Association ($198k) and Amedicausa Inc ($198k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. Compensation of current officers, directors and key employees was $3,200 (1.5% of expenses). Other salaries and wages came to $9,205. At year end it held assets of $1.2m against liabilities of $391k, net assets of $765k.