Lafferty Volunteer Fire Department Inc

Analysis

Lafferty Volunteer Fire Department Inc is a registered charity in United States, based in Lafferty, OH. It received its IRS tax-exemption ruling in May 1992, 34 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 June 2024, Lafferty Volunteer Fire Department Inc reported income of $205k and spending of $205k, spending 100% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $151k to $205k (+36%), an average of +7.9% a year. The sharpest change came in the year to June 2021, when income rose by 111%. Over the whole period it spent 79% 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, Lafferty Volunteer Fire Department Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 55th percentile within OH. Charities of a similar size with the same main cause include Volunteer Fireman Association of Liberty Borough ($205k), Kalona Volunteer Fire Department ($205k) and Neshanic Volunteer Fire Company ($205k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 94% of the total. Other salaries and wages came to $44k. At year end it held assets of $438k against liabilities of $0, net assets of $438k. It reported 7 employees.