Bowlus Volunteer Fire Department

Analysis

Bowlus Volunteer Fire Department is a registered charity in United States, based in Bowlus, MN. It received its IRS tax-exemption ruling in July 1997, 29 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, Bowlus Volunteer Fire Department reported income of $143k and spending of $103k, leaving 28% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $90k to $143k (+59%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 296%. Over the whole period it spent 77% 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, Bowlus Volunteer Fire Department sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 44th percentile within MN. Charities of a similar size with the same main cause include Longwood Firemens Relief Association ($143k), Cat Spring Volunteer Fire Department ($143k) and Morgan County Rescue Squad ($143k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 11% of the total. Compensation of current officers, directors and key employees was $9,600 (9.3% of expenses). At year end it held assets of $609k against liabilities of $263, net assets of $609k. It reported 1 employees.