Volunteer and Exempt Firemens Benevolent Assocation of Lakeview

Analysis

Volunteer and Exempt Firemens Benevolent Assocation of Lakeview is a registered charity in United States, based in W Hempstead, NY. It received its IRS tax-exemption ruling in August 2009, 17 years ago. Its declared purposes cover mutual and membership benefit, which this site groups under other charitable purposes. 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, Volunteer and Exempt Firemens Benevolent Assocation of Lakeview reported income of $101k and spending of $79k, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $64k to $101k (+57%), an average of +12% a year. The sharpest change came in the year to December 2023, when income rose by 40%. Over the whole period it spent 72% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Volunteer and Exempt Firemens Benevolent Assocation of Lakeview sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 36th percentile within NY. Charities of a similar size with the same main cause include Visalia Heritage Incorporated ($101k), PTA North Carolina Congress ($101k) and PTA North Carolina Congress ($101k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 64% of the total. At year end it held assets of $952k against liabilities of $0, net assets of $952k.