Almelund Volunteer Fire Department Relief Association

Analysis

Almelund Volunteer Fire Department Relief Association is a registered charity in United States, based in Center City, MN. It received its IRS tax-exemption ruling in May 2001, 25 years ago. Its declared purposes cover mutual and membership benefit, which this site groups under other charitable purposes. 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, Almelund Volunteer Fire Department Relief Association reported income of $111k and spending of $108k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $163k to $111k (-32%), an average of -9.1% a year. The sharpest change came in the year to December 2022, when income dropped by 58%. Over the whole period it spent 35% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Almelund Volunteer Fire Department Relief Association sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 37th percentile within MN. Charities of a similar size with the same main cause include Friendship Volunteer Fire Department ($111k), PTA Florida Congress ($111k) and Honor Wreaths for Veterans ($111k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% of the total. At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m.