Asbury Community Fire Department

Analysis

Asbury Community Fire Department is a registered charity in United States, based in Asbury, IA. It received its IRS tax-exemption ruling in July 1994, 32 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 August 2023, Asbury Community Fire Department reported income of $480k and spending of $383k, leaving 20% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income grew from $405k to $480k (+19%), an average of +4.3% a year. The sharpest change came in the year to August 2021, when income rose by 28%. Over the whole period it spent 65% 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, Asbury Community Fire Department sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 72nd percentile within IA. Charities of a similar size with the same main cause include Never Alone Inc ($480k), The North Carolina State Association of Fire Chiefs ($480k) and Eastern Shore Long Term Recovery Committee ($480k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 2.5% and program service revenue 82% of the total. At year end it held assets of $2.7m against liabilities of $26k, net assets of $2.7m.