Washington Fire Company No 2 Inc is a 501(c)(4) organization based in Madison, Indiana, registered in 2011, with $73,769 in FY2025 revenue. CharityIndex grades it C+.
Revenue (FY2025)
$74K
▼ 6.0% vs prior year
Public Safety median: $166K
Expenses (FY2025)
$42K
Net assets
$817K
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Washington Fire Company No 2 Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Washington Fire Company No 2 Inc: 234 mo reserves · +43% margin earns a B+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Washington Fire Company No 2 Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Washington Fire Company No 2 Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $47K (FY2010) to $74K (FY2025) across 16 reported years.
Financial snapshot
Operating margin
43.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$817K
Total liabilities
$0
Net assets
$817K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2025 | $73,769▼6.0% | $41,944▲4.6% | $817,033▲4.1% | $817,033▲4.1% | 990 |
| 2024 | $78,462▲22.9% | $40,116▲25.4% | $785,208▲5.2% | $785,208▲5.2% | 990 |
| 2023 | $63,832▼14.3% | $31,986▼4.8% | $746,562▲4.5% | $746,562▲4.5% | 990 |
| 2022 | $74,483▲22.0% | $33,616▼36.0% | $714,716▲6.1% | $714,716▲6.1% | 990 |
| 2021 | $61,040▲24.5% | $52,562▲126% | $673,849▲1.3% | $673,849▲1.3% | 990 |
| 2020 | $49,011▼4.4% | $23,227▲11.1% | $665,371▲4.0% | $665,371▲4.0% | 990 |
| 2019 | $51,257▲19.7% | $20,909▲14.4% | $639,587▲5.0% | $639,587▲5.0% | 990 |
| 2018 | $42,821▲3.3% | $18,283▲9.1% | $609,239▲4.2% | $609,239▲4.2% | 990 |
| 2017 | $41,450▲1.7% | $16,755▲6.1% | $584,701▲4.1% | $584,701▲4.1% | 990 |
| 2016 | $40,739▼5.5% | $15,798▲20.1% | $561,787▲4.6% | $561,787▲4.6% | 990 |
| 2015 | $43,091▲7.3% | $13,154▼16.0% | $536,846▲5.9% | $536,846▲5.9% | 990 |
| 2014 | $40,156▼0.7% | $15,661▼22.6% | $506,909▲5.1% | $506,909▲5.1% | 990 |
| 2013 | $40,447▼4.2% | $20,233▲10.0% | $482,414▲4.4% | $482,414▲4.4% | 990EZ |
| 2012 | $42,242▼5.8% | $18,387▲32.5% | $462,200▲5.4% | $462,200▲5.4% | 990EZ |
| 2011 | $44,820▼4.3% | $13,878▼52.2% | $438,346▲7.6% | $438,346▲7.6% | 990EZ |
| 2010 | $46,838 | $29,011 | $407,404 | $407,404 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Washington Fire Company No 2 Inc (EIN 35-1472796) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.