Elgin Rural Fire Truck Assn

Analysis

Elgin Rural Fire Truck Assn is a registered charity in United States, based in Rochester, MN. It received its IRS tax-exemption ruling in May 1998, 28 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 November 2023, Elgin Rural Fire Truck Assn reported income of $230k and spending of $127k, leaving 45% of income unspent that year. Across the 2 years on record, from November 2022 to November 2023, income grew from $141k to $230k (+63%), an average of +63% a year. The sharpest change came in the year to November 2023, when income rose by 63%. Over the whole period it spent 44% 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, Elgin Rural Fire Truck Assn sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 55th percentile within MN. Charities of a similar size with the same main cause include Architects & Engineers for 911 ($230k), Dove Creek Volunteer Fire Dept ($230k) and Berlin Fire Department ($230k).

On its Form 990 for the period ending November 2023, revenue came from contributions and grants 59% and program service revenue 41% of the total. Other salaries and wages came to $21k. At year end it held assets of $412k against liabilities of $0, net assets of $412k.