Crane Lake Volunteer Fire Department Incorporated

Analysis

Crane Lake Volunteer Fire Department Incorporated is a registered charity in United States, based in Crane Lake, MN. It received its IRS tax-exemption ruling in February 1977, 49 years ago. 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 2024, Crane Lake Volunteer Fire Department Incorporated reported income of $112k and spending of $63k, leaving 44% of income unspent that year. Across the 2 years on record, from September 2023 to September 2024, income grew from $85k to $112k (+32%), an average of +32% a year. The sharpest change came in the year to September 2024, when income rose by 32%. Over the whole period it spent 56% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Crane Lake Volunteer Fire Department Incorporated sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 37th percentile within MN. Charities of a similar size with the same main cause include Perry Rotary Foundation Inc ($112k), Christa McAuliffe Parent Teachers Organization ($112k) and Turtle Lake Community Hospital Association ($112k).

On its Form 990-EZ for the period ending September 2024, revenue came from contributions and grants 44% and program service revenue 50% of the total. At year end it held assets of $217k against liabilities of $0, net assets of $217k.