Ely Volunteer Fire Department Inc

Analysis

Ely Volunteer Fire Department Inc is a registered charity in United States, based in Ely, IA. It received its IRS tax-exemption ruling in August 2018, 8 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, Ely Volunteer Fire Department Inc reported income of $51k and spending of $55k, spending 108% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $56k to $51k (-9.0%), an average of -9.0% a year. Over the whole period it spent 104% 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, Ely Volunteer Fire Department Inc sits at the 18th percentile: it is larger than about 18% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 17th percentile within IA. Charities of a similar size with the same main cause include Mt Hope Volunteer Fire Department ($51k), Southwest Oneida County Joint Swoc ($51k) and Tatum Volunteer Fire Department ($51k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 42% of the total. At year end it held assets of $74k against liabilities of $0, net assets of $74k.