Sidney Volunteer Fire & Rescue

Analysis

Sidney Volunteer Fire & Rescue is a registered charity in United States, based in Sidney, IA. It received its IRS tax-exemption ruling in May 1985, 41 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, Sidney Volunteer Fire & Rescue reported income of $83k and spending of $83k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $97k to $83k (-14%), an average of -3.8% a year. The sharpest change came in the year to December 2021, when income dropped by 47%. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sidney Volunteer Fire & Rescue sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 30th percentile within IA. Charities of a similar size with the same main cause include Sound Justice Initiative Inc ($83k), Little League Baseball Inc ($83k) and Living Archives Inc ($83k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 54% and program service revenue 45% of the total. At year end it held assets of $284k against liabilities of $0, net assets of $284k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.