Welcome Fire Department Relief Association

Analysis

Welcome Fire Department Relief Association is a registered charity in United States, based in Welcome, MN. It received its IRS tax-exemption ruling in February 2005, 21 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, Welcome Fire Department Relief Association reported income of $63k and spending of $63k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $95k to $63k (-34%), an average of -34% a year. The sharpest change came in the year to December 2023, when income dropped by 34%. Over the whole period it spent 69% 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, Welcome Fire Department Relief Association sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 21st percentile within MN. Charities of a similar size with the same main cause include Lodd Memorial Fund ($63k), Sparta White County Volunteer Rescue Squad Inc ($63k) and Upper Merion Police Association ($63k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 67% of the total. At year end it held assets of $490k against liabilities of $0, net assets of $490k.