Volunteer Fire Department of Big Elk

Analysis

Volunteer Fire Department of Big Elk is a registered charity in United States, based in Lyons, CO. It received its IRS tax-exemption ruling in September 2000, 26 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 June 2023, Volunteer Fire Department of Big Elk reported income of $69k and spending of $82k, spending 118% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $40k to $69k (+76%), an average of +21% a year. The sharpest change came in the year to June 2021, when income rose by 109%. Over the whole period it spent 102% 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, Volunteer Fire Department of Big Elk sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 24th percentile within CO. Charities of a similar size with the same main cause include Centerville Volunteer Fire Department and Ladies Auxilliary ($69k), Citizens Against Residential Emergencies ($69k) and Virginia Fire Prevention Associaton ($69k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 85% of the total. At year end it held assets of $214k against liabilities of $0, net assets of $214k.