Logan Volunteer Fire & Rescue

Analysis

Logan Volunteer Fire & Rescue is a registered charity in United States, based in Logan, IA. It received its IRS tax-exemption ruling in May 2020, 6 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Logan Volunteer Fire & Rescue reported income of $500k and spending of $227k, leaving 55% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $191k to $500k (+161%), an average of +27% a year. The sharpest change came in the year to December 2022, when income rose by 183%. Over the whole period it spent 45% 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, Logan Volunteer Fire & Rescue sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 73rd percentile within IA. Charities of a similar size with the same main cause include Limestone Volunteer Fire Department Inc ($500k), Blacksburg Volunteer Fire Department ($500k) and Lavalette Volunteer Fire Dept ($500k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 12% and program service revenue 47% of the total. At year end it held assets of $1.7m against liabilities of $0, net assets of $1.7m.