New Prague Rural Fire Protection Assn

Analysis

New Prague Rural Fire Protection Assn is a registered charity in United States, based in New Prague, MN. It received its IRS tax-exemption ruling in November 1987, 39 years ago. 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, New Prague Rural Fire Protection Assn reported income of $299k and spending of $223k, leaving 25% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $305k to $299k (-2.0%), an average of -0.5% a year. Over the whole period it spent 105% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, New Prague Rural Fire Protection Assn sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 60th percentile within MN. Charities of a similar size with the same main cause include Bobo Volunteer Fire Department Inc Northwest Madison County ($299k), Alpha Sigma Alpha Foundation ($299k) and Volunteers of America Inc ($299k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.8% and program service revenue 98% of the total. Other salaries and wages came to $29k. At year end it held assets of $546k against liabilities of $618k, net assets of -$72k. It reported 33 employees.