North Lawrence Volunteer Fire Dept Inc

Analysis

North Lawrence Volunteer Fire Dept Inc is a registered charity in United States, based in N Lawrence, OH. It received its IRS tax-exemption ruling in October 1978, 48 years ago. 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, North Lawrence Volunteer Fire Dept Inc reported income of $831k and spending of $1.0m, spending 122% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $822k to $831k (+1.1%), an average of +0.3% a year. Over the whole period it spent 116% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, North Lawrence Volunteer Fire Dept Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within OH. Charities of a similar size with the same main cause include Park Cities Dads Club Inc ($831k), N O Bayou Chapter Abc Apprenshp & Craft Training Educ TR Fund ($831k) and Avon Atheletic Boosters Club Inc ($831k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 14% and program service revenue 69% of the total. Other salaries and wages came to $272k. At year end it held assets of $1.9m against liabilities of $510k, net assets of $1.4m. It reported 36 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.