Freeburg Community Fire Assocation Inc

Analysis

Freeburg Community Fire Assocation Inc is a registered charity in United States, based in Freeburg, MO. It received its IRS tax-exemption ruling in May 1985, 41 years ago. 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 February 2024, Freeburg Community Fire Assocation Inc reported income of $81k and spending of $75k, spending 93% of its income. Across the 2 years on record, from February 2023 to February 2024, income fell from $131k to $81k (-38%), an average of -38% a year. The sharpest change came in the year to February 2024, when income dropped by 38%. Over the whole period it spent 110% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Freeburg Community Fire Assocation Inc 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 31st percentile, and in the 29th percentile within MO. Charities of a similar size with the same main cause include PTA Texas Congress ($81k), Hand to Hand Inc ($81k) and St Pauls United Church of Christ Foundation Inc ($81k).

On its Form 990-EZ for the period ending February 2024, revenue came from contributions and grants 47% of the total. At year end it held assets of $307k against liabilities of $0, net assets of $307k.