Lake Hiawatha Volunteer Firedepartment Assocation Inc

Analysis

Lake Hiawatha Volunteer Firedepartment Assocation Inc is a registered charity in United States, based in Lake Hiawatha, NJ. It received its IRS tax-exemption ruling in March 2007, 19 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, Lake Hiawatha Volunteer Firedepartment Assocation Inc reported income of $97k and spending of $128k, spending 132% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $71k to $97k (+37%), an average of +37% a year. The sharpest change came in the year to December 2023, when income rose by 37%. Over the whole period it spent 146% 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, Lake Hiawatha Volunteer Firedepartment Assocation Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 44th percentile within NJ. Charities of a similar size with the same main cause include Wayne Township Volunteer Fire Company ($97k), Felton Firemen ($97k) and Pungo River Volunteer Fire Department Inc ($97k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 80% of the total. At year end it held assets of $275k against liabilities of $239k, net assets of $36k.