Long Lake Volunteer Firemens Relief Association

Analysis

Long Lake Volunteer Firemens Relief Association is a registered charity in United States, based in Orono, MN. It received its IRS tax-exemption ruling in October 2010, 16 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, Long Lake Volunteer Firemens Relief Association reported income of $260k and spending of $157k, leaving 40% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $166k to $260k (+57%), an average of +12% a year. The sharpest change came in the year to December 2022, when income rose by 78%. Over the whole period it spent 110% 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, Long Lake Volunteer Firemens Relief Association 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 58th percentile within MN. Charities of a similar size with the same main cause include Wallace Volunteer Fire Department Inc ($260k), Wyoming-Montana Safety Council ($261k) and New Haven Volunteer Fire Department ($260k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% of the total. Compensation of current officers, directors and key employees was $3,000 (1.9% of expenses). Other salaries and wages came to $1,000. At year end it held assets of $2.8m against liabilities of $1,751, net assets of $2.8m.