C B S Fire Association

Analysis

C B S Fire Association is a registered charity in United States, based in Shellsburg, IA. It received its IRS tax-exemption ruling in January 2006, 20 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, C B S Fire Association reported income of $100k and spending of $85k, spending 85% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $191k to $100k (-48%), an average of -28% a year. The sharpest change came in the year to December 2023, when income dropped by 37%. Over the whole period it spent 39% 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, C B S Fire Association sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 35th percentile within IA. Charities of a similar size with the same main cause include Waterfront Volunteer Fire Department Inc ($100k), Smith County Rescue Squad Inc ($100k) and Jennings Township Volunteer Fire Dept ($100k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% of the total. Compensation of current officers, directors and key employees was $285 (0.3% of expenses). At year end it held assets of $656k against liabilities of $0, net assets of $656k.