Boone Township Fire Department Inc

Analysis

Boone Township Fire Department Inc is a registered charity in United States, based in Laconia, IN. It received its IRS tax-exemption ruling in October 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, Boone Township Fire Department Inc reported income of $61k and spending of $74k, spending 120% of what it took in. Across the 3 years on record, from December 2019 to December 2023, income fell from $91k to $61k (-32%), an average of -18% a year. The sharpest change came in the year to December 2022, when income dropped by 33%. Over the whole period it spent 97% 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, Boone Township Fire Department Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 21st percentile within IN. Charities of a similar size with the same main cause include Taylor Canyon Fire Station Inc ($61k), Acworth Police Community Foundation Inc ($61k) and Moseleyville Fire Department ($61k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 4.0% and program service revenue 96% of the total. At year end it held assets of $10k against liabilities of $0, net assets of $10k.