Converse Volunteer Fire Co Inc

Analysis

Converse Volunteer Fire Co Inc is a registered charity in United States, based in Converse, IN. It received its IRS tax-exemption ruling in June 2001, 25 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, Converse Volunteer Fire Co Inc reported income of $149k and spending of $150k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $113k to $149k (+33%), an average of +33% a year. The sharpest change came in the year to December 2023, when income rose by 33%. Over the whole period it spent 89% 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, Converse Volunteer Fire Co Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 45th percentile within IN. Charities of a similar size with the same main cause include Huhtamaki Hardship Fund Inc ($149k), Alert Hook & Ladder Company No 2 ($149k) and Booth Volunteer Fire Department Inc ($149k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 41% and program service revenue 48% of the total. At year end it held assets of $411k against liabilities of $0, net assets of $411k.