Mineral Point Fire Department Inc

Analysis

Mineral Point Fire Department Inc is a registered charity in United States, based in Mineral Point, WI. It received its IRS tax-exemption ruling in June 2017, 9 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, Mineral Point Fire Department Inc reported income of $284k and spending of $214k, leaving 25% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $227k to $284k (+25%), an average of +5.7% a year. The sharpest change came in the year to December 2022, when income rose by 149%. Over the whole period it spent 65% 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, Mineral Point Fire Department Inc 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 61st percentile, and in the 60th percentile within WI. Charities of a similar size with the same main cause include North Sea Fire Department Inc ($284k), Pine Grove Volunteer Fire Department Inc ($284k) and Belvedere Volunteer Fire Department Inc ($284k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% and program service revenue 6.3% of the total. At year end it held assets of $937k against liabilities of $918, net assets of $936k.