Nemo Volunteer Fire Department

Analysis

Nemo Volunteer Fire Department is a registered charity in United States, based in Nemo, SD. It received its IRS tax-exemption ruling in January 2003, 23 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 October 2023, Nemo Volunteer Fire Department reported income of $73k and spending of $49k, leaving 33% of income unspent that year. Across the 2 years on record, from October 2022 to October 2023, income grew from $65k to $73k (+12%), an average of +12% a year. Over the whole period it spent 53% 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, Nemo Volunteer Fire Department sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 23rd percentile within SD. Charities of a similar size with the same main cause include Bolivar County Long-Term Disaster Recovery Committee ($73k), Babbie Volunteer Fire Department ($73k) and Scarsdale Fire Company No 1 Inc ($73k).

On its Form 990-EZ for the period ending October 2023, revenue came from contributions and grants 31% and program service revenue 12% of the total. At year end it held assets of $239k against liabilities of $0, net assets of $239k.