Ghent Firemens Relief Association

Analysis

Ghent Firemens Relief Association is a registered charity in United States, based in Ghent, MN. It received its IRS tax-exemption ruling in December 2012, 14 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 December 2023, Ghent Firemens Relief Association reported income of $79k and spending of $11k, leaving 86% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $53k to $79k (+49%), an average of +49% a year. The sharpest change came in the year to December 2023, when income rose by 49%. Over the whole period it spent 25% 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, Ghent Firemens Relief Association sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 28th percentile within MN. Charities of a similar size with the same main cause include Two Rock Fire Department ($79k), Communities United Inc ($79k) and Moosup Valley Volunteer Fire Department No 1 ($79k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 31% of the total. At year end it held assets of $471k against liabilities of $0, net assets of $471k.