Lakota Fire Protection District Inc

Analysis

Lakota Fire Protection District Inc is a registered charity in United States, based in Lakota, ND. It received its IRS tax-exemption ruling in November 2019, 7 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Lakota Fire Protection District Inc reported income of $242k and spending of $175k, leaving 28% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $18k to $242k (+1232%), an average of +91% a year. The sharpest change came in the year to December 2020, when income rose by 275%. Over the whole period it spent 59% 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, Lakota Fire Protection District Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 52nd percentile within ND. Charities of a similar size with the same main cause include Volunteer Firemans Association of Cambria County and Vicinity ($242k), Bedford Hills Fire Department Inc ($242k) and Inter County Volunteer Fire Dept ($241k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.8% and program service revenue 31% of the total. Compensation of current officers, directors and key employees was $6,517 (3.7% of expenses). Other salaries and wages came to $7,805. At year end it held assets of $1.0m against liabilities of $0, net assets of $1.0m. It reported 3 employees.