Waterloo Volunteer Fire and Rescue Inc

Analysis

Waterloo Volunteer Fire and Rescue Inc is a registered charity in United States, based in Waterloo, NE. It received its IRS tax-exemption ruling in September 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 (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, Waterloo Volunteer Fire and Rescue Inc reported income of $190k and spending of $96k, leaving 50% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $267k to $190k (-29%), an average of -16% a year. The sharpest change came in the year to December 2023, when income rose by 133%. Over the whole period it spent 72% 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, Waterloo Volunteer Fire and Rescue 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 51st percentile within NE. Charities of a similar size with the same main cause include Friends of Mineral County Emergency Services Inc ($190k), Pine Township Engine Company Inc ($190k) and Hanson Volunteer Fire Department Inc ($190k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $174k against liabilities of $0, net assets of $174k.