South Lockport Voluinteer Fire Co Inc

Analysis

South Lockport Voluinteer Fire Co Inc is a registered charity in United States, based in Lockport, NY. It received its IRS tax-exemption ruling in June 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, South Lockport Voluinteer Fire Co Inc reported income of $614k and spending of $554k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $767k to $614k (-20%), an average of -5.4% a year. The sharpest change came in the year to December 2020, when income dropped by 31%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, South Lockport Voluinteer Fire Co Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 69th percentile within NY. Charities of a similar size with the same main cause include Community Initiatives Inc ($614k), Stormwalker Ranch Equine Incorporated ($614k) and Grateful Hearts Childcare & Preschool Ltd ($614k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 72% of the total. At year end it held assets of $2.1m against liabilities of $926k, net assets of $1.2m.