Morgantown Rural Fire Department Inc

Analysis

Morgantown Rural Fire Department Inc is a registered charity in United States, based in Morgantown, IN. It received its IRS tax-exemption ruling in May 2009, 17 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, Morgantown Rural Fire Department Inc reported income of $159k and spending of $123k, leaving 23% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $166k to $159k (-4.2%), an average of -1.1% a year. The sharpest change came in the year to December 2020, when income dropped by 22%. Over the whole period it spent 114% 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, Morgantown Rural Fire Department Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 47th percentile within IN. Charities of a similar size with the same main cause include Local 22 Charitable Trust ($159k), Mountain Valley Volunteer Fire & Rescue Inc ($159k) and Tri-Towns Fire Co 1 Inc ($159k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% of the total. At year end it held assets of $229k against liabilities of $0, net assets of $229k.