Manhasset Lakeville Fire Department Company No 1 Inc

Analysis

Manhasset Lakeville Fire Department Company No 1 Inc is a registered charity in United States, based in Manhasset, NY. It received its IRS tax-exemption ruling in April 2018, 8 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, Manhasset Lakeville Fire Department Company No 1 Inc reported income of $101k and spending of $89k, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $90k to $101k (+12%), an average of +2.9% a year. The sharpest change came in the year to December 2022, when income rose by 21%. Over the whole period it spent 97% 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, Manhasset Lakeville Fire Department Company No 1 Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 37th percentile within NY. Charities of a similar size with the same main cause include Fire Foundation of Colorado Springs ($101k), Porter Volunteer Firefighters Inc ($101k) and Emergency Management Association of Ohio ($101k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $349k against liabilities of $0, net assets of $349k.