H D Lane Volunteer Fire Co Inc

Analysis

H D Lane Volunteer Fire Co Inc is a registered charity in United States, based in Lanesville, NY. It received its IRS tax-exemption ruling in August 2021, 5 years ago. 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 February 2024, H D Lane Volunteer Fire Co Inc reported income of $80k and spending of $57k, leaving 30% of income unspent that year. Across the 4 years on record, from February 2021 to February 2024, income grew from $74k to $80k (+8.9%), an average of +2.9% a year. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, H D Lane Volunteer Fire Co Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 31st percentile within NY. Charities of a similar size with the same main cause include One Korean ($80k), Stony Brook Foundation Realty Inc ($80k) and Chancellor High School Band Parents Association ($80k).

On its Form 990 for the period ending February 2024, revenue came from contributions and grants 2.2% and program service revenue 90% of the total. At year end it held assets of $522k against liabilities of $0, net assets of $522k.