New Liberty Volunteer Fire Department

Analysis

New Liberty Volunteer Fire Department is a registered charity in United States, based in New Liberty, IA. It received its IRS tax-exemption ruling in September 2001, 25 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, New Liberty Volunteer Fire Department reported income of $82k and spending of $58k, leaving 29% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $89k to $82k (-8.2%), an average of -8.2% a year. Over the whole period it spent 64% 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, New Liberty Volunteer Fire Department sits at the 31st percentile: it is larger than about 31% 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 Minnewaukan Rural Fire Protection District ($82k), Denair Volunteer Fire Department ($82k) and Nine Mile Ridge Volunteer Fire Depa Rtment Inc ($82k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 55% of the total. At year end it held assets of $264k against liabilities of $0, net assets of $264k.