Makinen Volunteer Fire Department

Analysis

Makinen Volunteer Fire Department is a registered charity in United States, based in Makinen, MN. It received its IRS tax-exemption ruling in September 1999, 27 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 December 2023, Makinen Volunteer Fire Department reported income of $58k and spending of $39k, leaving 33% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $75k to $58k (-22%), an average of -6.1% a year. The sharpest change came in the year to December 2021, when income rose by 216%. Over the whole period it spent 85% 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, Makinen Volunteer Fire Department sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 19th percentile within MN. Charities of a similar size with the same main cause include Georgia Law Enforcement Executive Development Seminar ($58k), North Codorus Township Fire Company ($58k) and Keller Restaurant Relief Fund ($58k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% of the total. Compensation of current officers, directors and key employees was $550 (1.4% of expenses). At year end it held assets of $929k against liabilities of $42k, net assets of $886k.