Griswold Volunteer Fire Association Inc

Analysis

Griswold Volunteer Fire Association Inc is a registered charity in United States, based in Griswold, IA. It received its IRS tax-exemption ruling in August 2020, 6 years ago. 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, Griswold Volunteer Fire Association Inc reported income of $150k and spending of $85k, leaving 43% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $710k to $150k (-79%), an average of -79% a year. The sharpest change came in the year to December 2023, when income dropped by 79%. Over the whole period it spent 15% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Griswold Volunteer Fire Association Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 47th percentile within IA. Charities of a similar size with the same main cause include Drug Addict Prevention Society ($150k), Little League Baseball Inc ($150k) and East Lubbock Art House ($150k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% of the total. At year end it held assets of $938k against liabilities of $0, net assets of $938k.