Lincoln Volunteer Fire Department Inc

Analysis

Lincoln Volunteer Fire Department Inc is a registered charity in United States, based in Ontario, NY. It received its IRS tax-exemption ruling in February 2014, 12 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 February 2024, Lincoln Volunteer Fire Department Inc reported income of $216k and spending of $214k, spending 99% of its income. Across the 6 years on record, from February 2019 to February 2024, income fell from $317k to $216k (-32%), an average of -7.4% a year. The sharpest change came in the year to February 2020, when income dropped by 38%. Over the whole period it spent 98% 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, Lincoln 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 Appalachia Volunteer Fire Department ($216k), Louisville Volunteer Fire Department Inc ($216k) and Tequesta Friends of Public Safety Inc ($216k).

On its Form 990 for the period ending February 2024, revenue came from contributions and grants 4.3% and program service revenue 81% of the total. At year end it held assets of $746k against liabilities of $0, net assets of $746k.