Grand Lake Township Volunteer Fire Department

Analysis

Grand Lake Township Volunteer Fire Department is a registered charity in United States, based in Twig, MN. It received its IRS tax-exemption ruling in January 2013, 13 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, Grand Lake Township Volunteer Fire Department reported income of $84k and spending of $90k, spending 107% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $240k to $84k (-65%), an average of -65% a year. The sharpest change came in the year to December 2023, when income dropped by 65%. Over the whole period it spent 99% 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, Grand Lake Township Volunteer Fire Department sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 29th percentile within MN. Charities of a similar size with the same main cause include The Keavy Fire Department Incorporated ($84k), Macedonia Firemens Association ($84k) and Iuoe 701 Solidarity Fund ($84k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $25k against liabilities of $0, net assets of $25k.