Lanesborough Volunteer Firemens Association Inc

Analysis

Lanesborough Volunteer Firemens Association Inc is a registered charity in United States, based in Lanesborough, MA. It received its IRS tax-exemption ruling in December 1997, 29 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 June 2024, Lanesborough Volunteer Firemens Association Inc reported income of $53k and spending of $52k, spending 99% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $41k to $53k (+30%), an average of +6.7% a year. The sharpest change came in the year to June 2021, when income rose by 106%. Over the whole period it spent 91% 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, Lanesborough Volunteer Firemens Association Inc sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 30th percentile within MA. Charities of a similar size with the same main cause include Corporation for Automated Road Transportation Safety Inc ($53k), Big Otter Volunteer Fire Department ($53k) and Rosedale Volunteer Fire Dept Inc ($53k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 71% of the total. At year end it held assets of $437k against liabilities of $0, net assets of $437k.