Friends of Mineral County Emergency Services Inc

Analysis

Friends of Mineral County Emergency Services Inc is a registered charity in United States, based in Creede, CO. It received its IRS tax-exemption ruling in May 2016, 10 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, Friends of Mineral County Emergency Services Inc reported income of $190k and spending of $164k, spending 86% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $34k to $190k (+451%), an average of +451% a year. The sharpest change came in the year to December 2023, when income rose by 451%. Over the whole period it spent 75% 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, Friends of Mineral County Emergency Services Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 49th percentile within CO. Charities of a similar size with the same main cause include Hanson Volunteer Fire Department Inc ($190k), Waterloo Volunteer Fire and Rescue Inc ($190k) and Mount Pleasant Volunteer Fire Department ($190k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.5% of the total. At year end it held assets of $133k against liabilities of $0, net assets of $133k.