The Laotto-Swan Township Volunteer Fire Co Inc

Analysis

The Laotto-Swan Township Volunteer Fire Co Inc is a registered charity in United States, based in Laotto, IN. It received its IRS tax-exemption ruling in March 1983, 43 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, The Laotto-Swan Township Volunteer Fire Co Inc reported income of $253k and spending of $145k, leaving 43% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $62k to $253k (+309%), an average of +42% a year. The sharpest change came in the year to December 2023, when income rose by 151%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Laotto-Swan Township Volunteer Fire Co Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 58th percentile within IN. Charities of a similar size with the same main cause include Hudson-Athens Lighthouse Preservation Society ($253k), National Conference on Ministy to the Armed Forces ($253k) and Yellowstone Quake ($253k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% of the total. At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m.