Cornell Area Fire Dept Inc

Analysis

Cornell Area Fire Dept Inc is a registered charity in United States, based in Cornell, WI. It received its IRS tax-exemption ruling in October 2001, 25 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, Cornell Area Fire Dept Inc reported income of $259k and spending of $192k, leaving 26% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $169k to $259k (+53%), an average of +8.9% a year. The sharpest change came in the year to December 2019, when income rose by 22%. Over the whole period it spent 69% 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, Cornell Area Fire Dept Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 58th percentile within WI. Charities of a similar size with the same main cause include Beaver Dams Volunteer Fire Dept ($259k), Climate Adaptation Center Inc ($259k) and Barlow Volunteer Fire Co Inc ($258k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $2,638 (1.4% of expenses). Other salaries and wages came to $63k. At year end it held assets of $733k against liabilities of $103k, net assets of $630k. It reported 46 employees.