Devils Lake Volunteer Fire Dept

Analysis

Devils Lake Volunteer Fire Dept is a registered charity in United States, based in Devils Lake, ND. It received its IRS tax-exemption ruling in December 1997, 29 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 October 2023, Devils Lake Volunteer Fire Dept reported income of $221k and spending of $98k, leaving 56% of income unspent that year. Across the 5 years on record, from October 2019 to October 2023, income grew from $65k to $221k (+241%), an average of +36% a year. The sharpest change came in the year to October 2020, when income rose by 211%. Over the whole period it spent 76% 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, Devils Lake Volunteer Fire Dept sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 49th percentile within ND. Charities of a similar size with the same main cause include Dunlap Fire Department & Rescue Squad ($221k), United Fire Company No 1 ($221k) and Elk Point Volunteer Fire Department Inc ($221k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 6.0% of the total. Compensation of current officers, directors and key employees was $2,700 (2.8% of expenses). At year end it held assets of $492k against liabilities of $0, net assets of $492k. It reported 2 employees.