Lewis Township Volunteer Fire Company Inc

Analysis

Lewis Township Volunteer Fire Company Inc is a registered charity in United States, based in Coalmont, IN. It received its IRS tax-exemption ruling in July 1993, 33 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, Lewis Township Volunteer Fire Company Inc reported income of $150k and spending of $126k, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $131k to $150k (+14%), an average of +3.4% a year. The sharpest change came in the year to December 2020, when income rose by 42%. Over the whole period it spent 68% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lewis Township Volunteer Fire Company Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 45th percentile within IN. Charities of a similar size with the same main cause include Project Starburst ($150k), YWCA Endowment Trust ($150k) and Little League Baseball Inc ($150k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 7.4% and program service revenue 93% of the total. At year end it held assets of $1.7m against liabilities of $291k, net assets of $1.4m.