Lucketts Volunteer Fire Co Inc

Analysis

Lucketts Volunteer Fire Co Inc is a registered charity in United States, based in Leesburg, VA. It received its IRS tax-exemption ruling in March 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 (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 2023, Lucketts Volunteer Fire Co Inc reported income of $87k and spending of $68k, leaving 22% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $171k to $87k (-49%), an average of -16% a year. The sharpest change came in the year to June 2023, when income rose by 92%. Over the whole period it spent 73% 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, Lucketts Volunteer Fire Co Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 33rd percentile within VA. Charities of a similar size with the same main cause include Ferrell Volunteer Fire Co No 1 ($87k), Keowee Ebenezer Fire Department ($87k) and Patrick Springs Volunteer Fire Department Inc ($87k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 54% of the total. At year end it held assets of $1.2m against liabilities of $1,533, net assets of $1.2m.