Manhasset Lakeville Fire Department Company No 2 Inc

Analysis

Manhasset Lakeville Fire Department Company No 2 Inc is a registered charity in United States, based in Manhasset, NY. It received its IRS tax-exemption ruling in January 2011, 15 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, Manhasset Lakeville Fire Department Company No 2 Inc reported income of $111k and spending of $109k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $71k to $111k (+57%), an average of +57% a year. The sharpest change came in the year to December 2023, when income rose by 57%. Over the whole period it spent 128% 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 2 Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 39th percentile within NY. Charities of a similar size with the same main cause include The Portersville-Muddycreek Township Volunteer Fire Department ($111k), Southwest Marion Volunteer Fire Department ($111k) and Aeneas McDonald Police Benvolent Assoc ($111k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $319k against liabilities of $0, net assets of $319k.