Bloomington Fire Department Inc

Analysis

Bloomington Fire Department Inc is a registered charity in United States, based in Bloomington, WI. It received its IRS tax-exemption ruling in March 2002, 24 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, Bloomington Fire Department Inc reported income of $191k and spending of $189k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $238k to $191k (-20%), an average of -5.4% a year. The sharpest change came in the year to December 2020, when income dropped by 54%. Over the whole period it spent 123% 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, Bloomington Fire Department Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 52nd percentile within WI. Charities of a similar size with the same main cause include Catoma Volunteer Fire Protection Authority Inc ($190k), Safety Saints Inc ($191k) and Putnam Volunteer Fire Company Inc ($190k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 34% and program service revenue 66% of the total. At year end it held assets of $370k against liabilities of $122k, net assets of $248k.