Red Lodge Fire Rescue Foundation

Analysis

Red Lodge Fire Rescue Foundation is a registered charity in United States, based in Red Lodge, MT. It received its IRS tax-exemption ruling in July 2008, 18 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Red Lodge Fire Rescue Foundation reported income of $803k and spending of $184k, leaving 77% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $112k to $803k (+620%), an average of +64% a year. The sharpest change came in the year to December 2020, when income rose by 207%. Over the whole period it spent 25% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Red Lodge Fire Rescue Foundation sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within MT. Charities of a similar size with the same main cause include Mariucci Family Foundation ($803k), Caritas in Veritate Civ USA ($804k) and Watervliet Civic Chest Inc ($803k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $57k (31% of expenses). At year end it held assets of $2.2m against liabilities of $212k, net assets of $2.0m. It reported 1 employees.