Denver Volunteer Fire Association

Analysis

Denver Volunteer Fire Association is a registered charity in United States, based in Denver, IA. It received its IRS tax-exemption ruling in May 2014, 12 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 December 2023, Denver Volunteer Fire Association reported income of $161k and spending of $13k, leaving 92% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $430k to $161k (-63%), an average of -63% a year. The sharpest change came in the year to December 2023, when income dropped by 63%. Over the whole period it spent 5.0% 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, Denver Volunteer Fire Association sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 49th percentile within IA. Charities of a similar size with the same main cause include Eagle Fire Engine and Hose Company Number 1 2 3 ($161k), Oldwick Fire Company Inc ($161k) and Hastings Volunteer Fire Dept Inc ($160k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 73% of the total. At year end it held assets of $784k against liabilities of $0, net assets of $784k.