Harwood Area Fire and Rescue Inc

Analysis

Harwood Area Fire and Rescue Inc is a registered charity in United States, based in Harwood, ND. It received its IRS tax-exemption ruling in June 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 December 2023, Harwood Area Fire and Rescue Inc reported income of $126k and spending of $133k, spending 105% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $178k to $126k (-29%), an average of -8.3% a year. The sharpest change came in the year to December 2023, when income dropped by 50%. Over the whole period it spent 49% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Harwood Area Fire and Rescue Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 34th percentile within ND. Charities of a similar size with the same main cause include Norton County Senior Citizens Inc ($126k), The Tennessee Recyling Coalition Inc ($126k) and Rotary Club of Greenport Charitable Fund Inc ($126k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 17% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $57k (43% of expenses). At year end it held assets of $611k against liabilities of $1,028, net assets of $610k. It reported 7 employees.