Best-Luther Fire Department Inc

Analysis

Best-Luther Fire Department Inc is a registered charity in United States, based in W Sand Lake, NY. It received its IRS tax-exemption ruling in July 2019, 7 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, Best-Luther Fire Department Inc reported income of $88k and spending of $60k, leaving 32% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $285k to $88k (-69%), an average of -44% a year. The sharpest change came in the year to December 2022, when income dropped by 71%. Over the whole period it spent 87% 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, Best-Luther Fire Department Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 33rd percentile within NY. Charities of a similar size with the same main cause include Missionary Disaster Response Inc ($88k), Huletts Landing Volunteer Fire Company ($88k) and Fieldale Voluntary Fire Company Incorporated ($88k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 17% and program service revenue 70% of the total. At year end it held assets of $98k against liabilities of $327k, net assets of -$229k.