Silver Creek Fire Department

Analysis

Silver Creek Fire Department is a registered charity in United States, based in Random Lake, WI. It received its IRS tax-exemption ruling in August 2019, 7 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 November 2023, Silver Creek Fire Department reported income of $155k and spending of $143k, spending 92% of its income. Across the 5 years on record, from November 2019 to November 2023, income fell from $467k to $155k (-67%), an average of -24% a year. The sharpest change came in the year to November 2020, when income dropped by 67%. Over the whole period it spent 47% 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, Silver Creek Fire Department sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 47th percentile within WI. Charities of a similar size with the same main cause include Canton Fire and Rescue Resources Corporation ($155k), Schell Vista Volunteer Firemans Assn ($155k) and Shackle Island Volunteer Fire Department Inc ($155k).

On its Form 990 for the period ending November 2023, revenue came from contributions and grants 33% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $3,075 (2.2% of expenses). Other salaries and wages came to $3,137. At year end it held assets of $783k against liabilities of $90k, net assets of $694k.