Lockington Volunteer Fire Association Incorporated

Analysis

Lockington Volunteer Fire Association Incorporated is a registered charity in United States, based in Piqua, OH. It received its IRS tax-exemption ruling in September 1980, 46 years ago. 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, Lockington Volunteer Fire Association Incorporated reported income of $148k and spending of $170k, spending 115% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $236k to $148k (-37%), an average of -11% a year. The sharpest change came in the year to December 2021, when income dropped by 44%. Over the whole period it spent 78% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lockington Volunteer Fire Association Incorporated sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 47th percentile within OH. Charities of a similar size with the same main cause include Jikoji ($148k), The Association of Teaching Artists Inc ($148k) and The Friends of the Clarksville Montgomery County Public Library ($148k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. At year end it held assets of $1.0m against liabilities of $0, net assets of $1.0m.