Isanti MN Firefighters Rodeo Assoc Inc

Analysis

Isanti MN Firefighters Rodeo Assoc Inc is a registered charity in United States, based in Isanti, MN. It received its IRS tax-exemption ruling in January 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Isanti MN Firefighters Rodeo Assoc Inc reported income of $603k and spending of $388k, leaving 36% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $215k to $603k (+181%), an average of +68% a year. The sharpest change came in the year to December 2022, when income rose by 105%. Over the whole period it spent 57% 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, Isanti MN Firefighters Rodeo Assoc Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 72nd percentile within MN. Charities of a similar size with the same main cause include Queenstown Volunteer Fire Department Inc ($603k), Royersford Fire Department ($603k) and Wind Lake Vol Fire Co ($603k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 11% and program service revenue 87% of the total. At year end it held assets of $983k against liabilities of $269k, net assets of $714k.