Lakeland Fire Department Inc

Analysis

Lakeland Fire Department Inc is a registered charity in United States, based in Ronkonkoma, NY. It received its IRS tax-exemption ruling in December 1994, 32 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3).

In the financial year ending December 2023, Lakeland Fire Department Inc reported income of $95k and spending of $82k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $84k to $95k (+12%), an average of +3.0% a year. The sharpest change came in the year to December 2021, when income rose by 36%. Over the whole period it spent 76% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lakeland Fire Department Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 35th percentile within NY. Charities of a similar size with the same main cause include National Charity League Foothill Chapter Inc ($95k), Hamilton County Master Gardeners Association ($95k) and Infinite Hope Inc ($95k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% and program service revenue 22% of the total. At year end it held assets of $402k against liabilities of $0, net assets of $402k.