Manitowish Waters Fire Company

Analysis

Manitowish Waters Fire Company is a registered charity in United States, based in Manitowsh WTR, WI. It received its IRS tax-exemption ruling in January 2009, 17 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 September 2023, Manitowish Waters Fire Company reported income of $614k and spending of $158k, leaving 74% of income unspent that year. Across the 6 years on record, from September 2018 to September 2023, income grew from $186k to $614k (+229%), an average of +27% a year. The sharpest change came in the year to September 2023, when income rose by 204%. Over the whole period it spent 37% 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, Manitowish Waters Fire Company sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 74th percentile within WI. Charities of a similar size with the same main cause include Number Three Volunteer Fire Department Inc ($613k), Goochland County Volunteer Fire- Rescue Association Inc ($614k) and Rawlinsville Fire Company ($613k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $9,000 (5.7% of expenses). Other salaries and wages came to $14k. At year end it held assets of $2.8m against liabilities of $0, net assets of $2.8m. It reported 24 employees.