Galena Volunteer Fire Department

Analysis

Galena Volunteer Fire Department is a registered charity in United States, based in Galena, IL. It received its IRS tax-exemption ruling in March 1996, 30 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Galena Volunteer Fire Department reported income of $78k and spending of $66k, spending 85% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $57k to $78k (+35%), an average of +35% a year. The sharpest change came in the year to December 2023, when income rose by 35%. Over the whole period it spent 90% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Galena Volunteer Fire Department sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 32nd percentile within IL. Charities of a similar size with the same main cause include Dragons Den Club ($78k), Therapeutic Community Association of New York Inc ($78k) and Speakup About Drugs ($78k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 91% of the total. At year end it held assets of $459k against liabilities of $0, net assets of $459k.