Chatfield Firefighters Activities Association Inc

Analysis

Chatfield Firefighters Activities Association Inc is a registered charity in United States, based in Chatfield, MN. It received its IRS tax-exemption ruling in September 2011, 15 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Chatfield Firefighters Activities Association Inc reported income of $203k and spending of $165k, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $136k to $203k (+49%), an average of +10% a year. The sharpest change came in the year to December 2021, when income rose by 184%. Over the whole period it spent 94% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Chatfield Firefighters Activities Association Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 52nd percentile within MN. Charities of a similar size with the same main cause include The Meriden-Wallingford Community F Foundation Inc ($203k), Trumbull Rotary Foundation ($203k) and Sunrise Good Samaritan Fund Inc ($203k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.0% of the total. Compensation of current officers, directors and key employees was $12k (7.4% of expenses). Other salaries and wages came to $6,319. At year end it held assets of $114k against liabilities of $212, net assets of $114k. It reported 6 employees.