Mt Morris Fire Foundation NFP

Analysis

Mt Morris Fire Foundation NFP is a registered charity in United States, based in Mount Morris, IL. It received its IRS tax-exemption ruling in December 2022, 4 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, Mt Morris Fire Foundation NFP reported income of $160k and spending of $233k, spending 146% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $88k to $160k (+83%), an average of +83% a year. The sharpest change came in the year to December 2023, when income rose by 83%. Over the whole period it spent 95% 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, Mt Morris Fire Foundation NFP sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 49th percentile within IL. Charities of a similar size with the same main cause include Shohola Township Volunteer Fire & Rescue Inc ($160k), Tivoli Fire Co Inc ($160k) and Cool Springs Community Fire Dept Inc ($160k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $13k against liabilities of $0, net assets of $13k.