Laurel Fire Department Inc

Analysis

Laurel Fire Department Inc is a registered charity in United States, based in Laurel, DE. It received its IRS tax-exemption ruling in January 1986, 40 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 May 2024, Laurel Fire Department Inc reported income of $2.4m and spending of $1.7m, leaving 30% of income unspent that year. Across the 5 years on record, from May 2020 to May 2024, income grew from $1.5m to $2.4m (+59%), an average of +12% a year. The sharpest change came in the year to May 2024, when income rose by 24%. Over the whole period it spent 84% 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, Laurel Fire Department Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 86th percentile within DE. Charities of a similar size with the same main cause include White Stork - United States Ltd ($2.4m), Macungie Ambulance Corps ($2.4m) and Clemmons Fire Department Inc ($2.4m).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 74% and program service revenue 24% of the total. Other salaries and wages came to $631k. At year end it held assets of $5.8m against liabilities of $1.4m, net assets of $4.3m. It reported 27 employees.