Tea Volunteer Fire Department Inc C/O Herman Otten

Analysis

Tea Volunteer Fire Department Inc C/O Herman Otten is a registered charity in United States, based in Tea, SD. It received its IRS tax-exemption ruling in June 1995, 31 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, Tea Volunteer Fire Department Inc C/O Herman Otten reported income of $291k and spending of $385k, spending 132% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $469k to $291k (-38%), an average of -11% a year. The sharpest change came in the year to December 2022, when income rose by 109%. Over the whole period it spent 91% 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, Tea Volunteer Fire Department Inc C/O Herman Otten sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 59th percentile within SD. Charities of a similar size with the same main cause include National Association of State 9-1-1 Administrators ($291k), Sheffield Volunteer Fire Department and Ambulance Service ($291k) and Volunteer Fire Company of Mt Lebanon Inc ($291k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 1.9% of the total. Compensation of current officers, directors and key employees was $4,492 (1.2% of expenses). At year end it held assets of $901k against liabilities of $0, net assets of $901k.