Lubeck Volunteer Fire Department Inc

Analysis

Lubeck Volunteer Fire Department Inc is a registered charity in United States, based in Parkersburg, WV. It received its IRS tax-exemption ruling in January 2003, 23 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 December 2023, Lubeck Volunteer Fire Department Inc reported income of $98k and spending of $101k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $100k to $98k (-2.1%), an average of -0.5% a year. The sharpest change came in the year to December 2020, when income rose by 90%. Over the whole period it spent 108% 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, Lubeck Volunteer Fire Department Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 33rd percentile within WV. Charities of a similar size with the same main cause include Rural Valley Hose Co No 1 ($98k), Redrum MC Inc ($98k) and Wichita Police Foundation ($98k).

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 $313k against liabilities of $0, net assets of $313k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.