Iowa Falls Firefighters Inc

Analysis

Iowa Falls Firefighters Inc is a registered charity in United States, based in Iowa Falls, IA. It received its IRS tax-exemption ruling in August 2012, 14 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Iowa Falls Firefighters Inc reported income of $496k and spending of $364k, leaving 27% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $556k to $496k (-11%), an average of -11% a year. Over the whole period it spent 67% 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, Iowa Falls Firefighters Inc sits at the 83rd percentile: it is larger than about 83% 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 Norco Fire Company ($496k), Chatham Rescue Squad ($496k) and Red Hill Fire Co ($496k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 17% and program service revenue 83% of the total. At year end it held assets of $639k against liabilities of $0, net assets of $639k.