New Richland Fire Department Relief Association

Analysis

New Richland Fire Department Relief Association is a registered charity in United States, based in New Richland, MN. It received its IRS tax-exemption ruling in February 2001, 25 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, New Richland Fire Department Relief Association reported income of $166k and spending of $143k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $51k to $166k (+228%), an average of +34% a year. The sharpest change came in the year to December 2021, when income rose by 185%. Over the whole period it spent 66% 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, New Richland Fire Department Relief Association sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 48th percentile within MN. Charities of a similar size with the same main cause include Union Vale Fire Company Inc ($166k), South Franklin TWP Vol Fire Dept ($166k) and Jamestown Rural Fire Department ($166k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 22% of the total. Other salaries and wages came to $600. At year end it held assets of $594k against liabilities of $341k, net assets of $253k. It reported 2 employees.