Lisbon Fire Department Inc

Analysis

Lisbon Fire Department Inc is a registered charity in United States, based in Lisbon, CT. It received its IRS tax-exemption ruling in May 2014, 12 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 June 2023, Lisbon Fire Department Inc reported income of $132k and spending of $267k, spending 202% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $344k to $132k (-62%), an average of -21% a year. The sharpest change came in the year to June 2023, when income dropped by 71%. Over the whole period it spent 98% 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, Lisbon Fire Department Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 42nd percentile within CT. Charities of a similar size with the same main cause include Frankfort Fire Protection District Foundation ($132k), Ocean Fire Company Number One ($132k) and Bethpage Fire Department ($132k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 81% and program service revenue 19% of the total. At year end it held assets of $89k against liabilities of $0, net assets of $89k. It reported 38 employees.