Locke Volunteer Fire Department Inc

Analysis

Locke Volunteer Fire Department Inc is a registered charity in United States, based in Locke, NY. It received its IRS tax-exemption ruling in April 1999, 27 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Locke Volunteer Fire Department Inc reported income of $89k and spending of $197k, spending 221% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $80k to $89k (+11%), an average of +2.7% a year. The sharpest change came in the year to December 2020, when income rose by 308%. Over the whole period it spent 33% 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, Locke Volunteer Fire Department Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 34th percentile within NY. Charities of a similar size with the same main cause include The Caledonia Volunteer Fire Department Inc ($89k), Houtzdale Fire Co No 1 ($89k) and Gregory Fire Dept -Volunteer- ($89k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 23% of the total. At year end it held assets of $1.7m against liabilities of $225k, net assets of $1.5m.