Cottage Grove Volunteer Fire Department Inc

Analysis

Cottage Grove Volunteer Fire Department Inc is a registered charity in United States, based in Cottage Grove, WI. It received its IRS tax-exemption ruling in April 2011, 15 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, Cottage Grove Volunteer Fire Department Inc reported income of $170k and spending of $129k, leaving 24% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $154k to $170k (+10.0%), an average of +10% a year. Over the whole period it spent 74% 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, Cottage Grove Volunteer Fire Department Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 49th percentile within WI. Charities of a similar size with the same main cause include Greenwood Fire Company ($169k), Tribal Share Inc ($170k) and Hill & High Water ($169k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% of the total. Compensation of current officers, directors and key employees was $18k (14% of expenses). At year end it held assets of $277k against liabilities of $0, net assets of $277k. It reported 40 employees.