Kasota Fire Department Relief Association

Analysis

Kasota Fire Department Relief Association is a registered charity in United States, based in Kasota, MN. It received its IRS tax-exemption ruling in April 2002, 24 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, Kasota Fire Department Relief Association reported income of $184k and spending of $62k, leaving 67% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $58k to $184k (+216%), an average of +33% a year. The sharpest change came in the year to December 2021, when income rose by 170%. Over the whole period it spent 54% 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, Kasota Fire Department Relief Association sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 50th percentile within MN. Charities of a similar size with the same main cause include Island Park Sustainable Fire Community ($184k), Wilbar Volunteer Fire Department C/O John S Norman ($184k) and The Wolcott Volunteer Fire Department Company 3 Incorporated ($184k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 44% of the total. Compensation of current officers, directors and key employees was $1,661 (2.7% of expenses). At year end it held assets of $992k against liabilities of $0, net assets of $992k. It reported 3 employees.