Elk River Fire & Ambulance Service

Analysis

Elk River Fire & Ambulance Service is a registered charity in United States, based in Elk River, MN. It received its IRS tax-exemption ruling in December 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Elk River Fire & Ambulance Service reported income of $2.6m and spending of $2.5m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.9m to $2.6m (+36%), an average of +8.1% a year. The sharpest change came in the year to December 2021, when income rose by 30%. Over the whole period it spent 95% 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, Elk River Fire & Ambulance Service sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 87th percentile within MN. Charities of a similar size with the same main cause include Youngsville Volunteer Fire Department Incorporated ($2.6m), North Star Volunteer Fire Dept Inc ($2.7m) and Data Friendly Space ($2.6m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. Compensation of current officers, directors and key employees was $128k (5.2% of expenses). Other salaries and wages came to $556k. At year end it held assets of $1.4m against liabilities of $2,931, net assets of $1.4m. It reported 22 employees.