Stone Lake Fire Department

Analysis

Stone Lake Fire Department is a registered charity in United States, based in Stone Lake, WI. It received its IRS tax-exemption ruling in August 2019, 7 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, Stone Lake Fire Department reported income of $363k and spending of $375k, spending 103% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $157k to $363k (+131%), an average of +32% a year. The sharpest change came in the year to December 2023, when income rose by 69%. Over the whole period it spent 97% 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, Stone Lake Fire Department sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 65th percentile within WI. Charities of a similar size with the same main cause include Bergen Fire Department ($363k), Common Ground Producers and Growers Inc ($363k) and Fort Johnson Volunteer Fire Company Inc ($363k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 27% and program service revenue 47% of the total. Compensation of current officers, directors and key employees was $7,572 (2.0% of expenses). At year end it held assets of $184k against liabilities of $0, net assets of $184k.