Taylor Canyon Fire Station Inc

Analysis

Taylor Canyon Fire Station Inc is a registered charity in United States, based in Crested Butte, CO. It received its IRS tax-exemption ruling in August 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 (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, Taylor Canyon Fire Station Inc reported income of $61k and spending of $70k, spending 113% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $947k to $61k (-94%), an average of -74% a year. The sharpest change came in the year to December 2022, when income dropped by 80%. Over the whole period it spent 19% 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, Taylor Canyon Fire Station Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 21st percentile within CO. Charities of a similar size with the same main cause include Moseleyville Fire Department ($61k), Boone Township Fire Department Inc ($61k) and Kansas City Gunsnhoses ($61k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% of the total. At year end it held assets of $970k against liabilities of $0, net assets of $970k.