Marcus Fire Department Inc

Analysis

Marcus Fire Department Inc is a registered charity in United States, based in Marcus, IA. It received its IRS tax-exemption ruling in September 2015, 11 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 February 2024, Marcus Fire Department Inc reported income of $125k and spending of $110k, spending 88% of its income. Across the 3 years on record, from February 2021 to February 2024, income fell from $176k to $125k (-29%), an average of -16% a year. The sharpest change came in the year to February 2024, when income dropped by 25%. Over the whole period it spent 57% 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, Marcus Fire Department Inc sits at the 45th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 42nd percentile within IA. Charities of a similar size with the same main cause include Pound Ridge Volunteer & Exempt Firemens Benevolent Association ($125k), North Granville Hose Company Inc ($125k) and Highland Home Volunteer Fire & Rescue Department Inc ($125k).

On its Form 990-EZ for the period ending February 2024, revenue came from contributions and grants 97% of the total. At year end it held assets of $448k against liabilities of $0, net assets of $448k.