Washington Island Fire and Rescue Inc

Analysis

Washington Island Fire and Rescue Inc is a registered charity in United States, based in Washington Is, WI. It received its IRS tax-exemption ruling in February 2022, 4 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, Washington Island Fire and Rescue Inc reported income of $86k and spending of $4,604, leaving 95% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $69k to $86k (+25%), an average of +25% a year. The sharpest change came in the year to December 2023, when income rose by 25%. Over the whole period it spent 6.0% 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, Washington Island Fire and Rescue Inc sits at the 33rd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 31st percentile within WI. Charities of a similar size with the same main cause include Middle TN Disaster Response Team ($86k), Manlius Volunteer Fire Co ($86k) and Parrotts Chapel Community Fire Department ($86k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 88% of the total. At year end it held assets of $198k against liabilities of $0, net assets of $198k.