Louisville Volunteer Fire Department Inc

Analysis

Louisville Volunteer Fire Department Inc is a registered charity in United States, based in Massena, NY. It received its IRS tax-exemption ruling in March 2009, 17 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, Louisville Volunteer Fire Department Inc reported income of $216k and spending of $203k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $311k to $216k (-30%), an average of -8.6% a year. The sharpest change came in the year to December 2020, when income dropped by 47%. Over the whole period it spent 80% 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, Louisville Volunteer Fire Department Inc sits at the 63rd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 53rd percentile within NY. Charities of a similar size with the same main cause include Lincoln Volunteer Fire Department Inc ($216k), Lakemont Volunteer Fire Company No 1 ($216k) and Appalachia Volunteer Fire Department ($216k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% of the total. At year end it held assets of $1.1m against liabilities of $100k, net assets of $996k.