Northfield Rescue Squad Association

Analysis

Northfield Rescue Squad Association is a registered charity in United States, based in Northfield, MN. It received its IRS tax-exemption ruling in August 2018, 8 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, Northfield Rescue Squad Association reported income of $227k and spending of $133k, leaving 41% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $240k to $227k (-5.1%), an average of -1.3% a year. The sharpest change came in the year to December 2021, when income rose by 88%. 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, Northfield Rescue Squad Association sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 55th percentile within MN. Charities of a similar size with the same main cause include Goucher White Plains Volunteer Fire Department ($227k), East Howellsville Volunteer Fire Department Inc ($228k) and Bath Volunteer Fire Department Inc ($227k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 4.9% of the total. At year end it held assets of $352k against liabilities of $0, net assets of $352k.