Lost Creek Fire Company

Analysis

Lost Creek Fire Company is a registered charity in United States, based in Lost Creek, WV. It received its IRS tax-exemption ruling in April 1998, 28 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Lost Creek Fire Company reported income of $163k and spending of $93k, leaving 43% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $86k to $163k (+90%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 72%. Over the whole period it spent 76% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lost Creek Fire Company sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 47th percentile within WV. Charities of a similar size with the same main cause include Davids Legacy Foundation ($163k), World Link Partners Inc ($163k) and Sustainable Systems Research Foundation ($163k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $175k against liabilities of $38k, net assets of $138k.