Stephen Volunteer Firemans Relief

Analysis

Stephen Volunteer Firemans Relief is a registered charity in United States, based in Stephen, MN. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover mutual and membership benefit, 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, Stephen Volunteer Firemans Relief reported income of $93k and spending of $22k, leaving 76% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income fell from $112k to $93k (-17%), an average of -5.9% a year. The sharpest change came in the year to December 2022, when income dropped by 35%. Over the whole period it spent 50% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Stephen Volunteer Firemans Relief sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 32nd percentile within MN. Charities of a similar size with the same main cause include Aspa Mailout Inc ($93k), Through the Archway Corp a Florida Not for Profit ($93k) and Kosciusko Community Hall ($93k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 54% of the total. At year end it held assets of $688k against liabilities of $0, net assets of $688k.