East Grand Lake Volunteer Fire Dept

Analysis

East Grand Lake Volunteer Fire Dept is a registered charity in United States, based in Presque Isle, MI. It received its IRS tax-exemption ruling in February 2005, 21 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, East Grand Lake Volunteer Fire Dept reported income of $279k and spending of $227k, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $211k to $279k (+32%), an average of +7.2% a year. The sharpest change came in the year to December 2022, when income rose by 20%. Over the whole period it spent 86% 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, East Grand Lake Volunteer Fire Dept sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 60th percentile within MI. Charities of a similar size with the same main cause include Qualla Volunteer Fire Department ($279k), Bristol Volunteer Fire Department Inc ($279k) and Colonial Park Fire Company No 1 ($279k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 11% and program service revenue 83% of the total. Other salaries and wages came to $57k. At year end it held assets of $861k against liabilities of $1,629, net assets of $859k. It reported 1 employees.