Laura Fire Co Inc

Analysis

Laura Fire Co Inc is a registered charity in United States, based in Laura, OH. It received its IRS tax-exemption ruling in April 1988, 38 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, Laura Fire Co Inc reported income of $127k and spending of $67k, leaving 47% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $166k to $127k (-24%), an average of -24% a year. The sharpest change came in the year to December 2023, when income dropped by 24%. Over the whole period it spent 61% 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, Laura Fire Co Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 44th percentile within OH. Charities of a similar size with the same main cause include Marysville Fire Company ($127k), Ebenezer Fire Co ($127k) and Antes Fort Volunteer Fire Company ($127k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.9% and program service revenue 96% of the total. At year end it held assets of $511k against liabilities of $0, net assets of $511k.