Monroe Lakeside Fire and Rescue Company Inc

Analysis

Monroe Lakeside Fire and Rescue Company Inc is a registered charity in United States, based in Monroe, NY. It received its IRS tax-exemption ruling in September 2002, 24 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, Monroe Lakeside Fire and Rescue Company Inc reported income of $126k and spending of $110k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $101k to $126k (+24%), an average of +5.5% a year. The sharpest change came in the year to December 2022, when income rose by 211%. Over the whole period it spent 110% 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, Monroe Lakeside Fire and Rescue Company Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 41st percentile within NY. Charities of a similar size with the same main cause include Faught Community Center Volunteer Fire Department ($126k), American Friends of Mosdos Kerestir Inc ($126k) and New Stanton Volunteer Fire Department ($126k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $617k against liabilities of $0, net assets of $617k.