New London Fire Department Relief Association

Analysis

New London Fire Department Relief Association is a registered charity in United States, based in New London, MN. It received its IRS tax-exemption ruling in December 1998, 28 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 December 2023, New London Fire Department Relief Association reported income of $156k and spending of $163k, spending 105% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $88k to $156k (+76%), an average of +15% a year. The sharpest change came in the year to December 2022, when income rose by 55%. Over the whole period it spent 65% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, New London Fire Department Relief Association sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 46th percentile within MN. Charities of a similar size with the same main cause include Samaritan Corporation of Pasco County Inc ($156k), PTA Texas Congress ($156k) and PTA Colorado Congress ($155k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 59% and program service revenue 0.3% of the total. Other salaries and wages came to $1,200. At year end it held assets of $744k against liabilities of $0, net assets of $744k.