Deer River Volunteer Firemens Relief Association

Analysis

Deer River Volunteer Firemens Relief Association is a registered charity in United States, based in Deer River, MN. It received its IRS tax-exemption ruling in March 1999, 27 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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, Deer River Volunteer Firemens Relief Association reported income of $124k and spending of $74k, leaving 41% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $108k to $124k (+15%), an average of +3.5% a year. The sharpest change came in the year to December 2023, when income rose by 165%. Over the whole period it spent 79% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Deer River Volunteer Firemens Relief Association sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 40th percentile within MN. Charities of a similar size with the same main cause include Elkhart City Bar Association Scholarship Foundation ($124k), Sierra Sage Regional Office of Narcotics Anonymous Inc ($124k) and Alternatives Foundation Incorporated ($124k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.1% and program service revenue 63% of the total. Compensation of current officers, directors and key employees was $1,000 (1.4% of expenses). At year end it held assets of $713k against liabilities of $0, net assets of $713k.