Martin Volunteer Fire Dept B

Analysis

Martin Volunteer Fire Dept B is a registered charity in United States, based in Martin, SD. It received its IRS tax-exemption ruling in August 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Martin Volunteer Fire Dept B reported income of $168k and spending of $175k, spending 104% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $111k to $168k (+51%), an average of +23% a year. The sharpest change came in the year to December 2022, when income rose by 67%. Over the whole period it spent 95% 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, Martin Volunteer Fire Dept B sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 47th percentile within SD. Charities of a similar size with the same main cause include Maple Hill Volunteer Fire Department Inc ($168k), Strathmere Volunteer Fire Company Inc ($168k) and Hancock Fire Department Inc ($168k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 80% and program service revenue 19% of the total. At year end it held assets of $151k against liabilities of $0, net assets of $151k.