North Mankato Firemens Relief Association

Analysis

North Mankato Firemens Relief Association is a registered charity in United States, based in North Mankato, MN. It received its IRS tax-exemption ruling in November 2012, 14 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, North Mankato Firemens Relief Association reported income of $385k and spending of $243k, leaving 37% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $258k to $385k (+49%), an average of +10% a year. The sharpest change came in the year to December 2021, when income rose by 92%. Over the whole period it spent 30% 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, North Mankato Firemens Relief Association sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 65th percentile within MN. Charities of a similar size with the same main cause include Mennonite Disaster Service of Eastern Pennsylvania & New Jersey ($385k), Possum Kingdom West Side Volunteer Fire Department ($385k) and Troopers United ($385k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 46% of the total. Compensation of current officers, directors and key employees was $2,646 (1.1% of expenses). At year end it held assets of $3.8m against liabilities of $0, net assets of $3.8m.