Lafayette Reserves

Analysis

Lafayette Reserves is a registered charity in United States, based in Lafayette, LA. It received its IRS tax-exemption ruling in July 2008, 18 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, Lafayette Reserves reported income of $57k and spending of $64k, spending 112% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $66k to $57k (-13%), an average of -13% a year. Over the whole period it spent 106% 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, Lafayette Reserves sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 22nd percentile within LA. Charities of a similar size with the same main cause include Lipan Volunteer Fire Department ($57k), Waverly Volunteer Fire Association ($57k) and Heart of Pines Volunteer Fire Department ($57k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 98% of the total. At year end it held assets of $58k against liabilities of $0, net assets of $58k.