Prairie Township Volunteer Fire Department

Analysis

Prairie Township Volunteer Fire Department is a registered charity in United States, based in Brookston, IN. It received its IRS tax-exemption ruling in May 2021, 5 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, Prairie Township Volunteer Fire Department reported income of $316k and spending of $93k, leaving 70% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $112k to $316k (+181%), an average of +181% a year. The sharpest change came in the year to December 2023, when income rose by 181%. Over the whole period it spent 51% 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, Prairie Township Volunteer Fire Department sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 62nd percentile within IN. Charities of a similar size with the same main cause include Lowrey Voluntary Fire Department ($316k), Montgomery Township Volunteer Fire Company No 2 ($316k) and Evans Center Volunteer Fire Co Inc ($316k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% of the total. Compensation of current officers, directors and key employees was $17k (18% of expenses). Other salaries and wages came to $5,865. At year end it held assets of $450k against liabilities of $168k, net assets of $282k.