Louisa Volunteer Fire Dept Inc

Analysis

Louisa Volunteer Fire Dept Inc is a registered charity in United States, based in Louisa, VA. It received its IRS tax-exemption ruling in August 1990, 36 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 June 2023, Louisa Volunteer Fire Dept Inc reported income of $241k and spending of $174k, leaving 28% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $145k to $241k (+66%), an average of +14% a year. The sharpest change came in the year to June 2022, when income rose by 83%. Over the whole period it spent 149% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Louisa Volunteer Fire Dept Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 57th percentile within VA. Charities of a similar size with the same main cause include Young County Olney Senior Cub Center Incorporated ($241k), Denver Institute for Psychoanalysis ($241k) and United Ministry to the Port of Galveston Inc ($241k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 61% of the total. At year end it held assets of $766k against liabilities of $0, net assets of $766k.