Garden City Volunteer Firefighters Inc

Analysis

Garden City Volunteer Firefighters Inc is a registered charity in United States, based in Garden City, SD. 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, Garden City Volunteer Firefighters Inc reported income of $78k and spending of $13k, leaving 83% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $165k to $78k (-53%), an average of -53% a year. The sharpest change came in the year to December 2023, when income dropped by 53%. Over the whole period it spent 8.0% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Garden City Volunteer Firefighters Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 24th percentile within SD. Charities of a similar size with the same main cause include Toms River Student Loan Fund ($78k), Making the Difference Outreach Inc ($78k) and Whitetails Unlimited Inc ($77k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 1.0% of the total. At year end it held assets of $557k against liabilities of $180k, net assets of $377k.