The Lisbon Volunteer Fire Department Inc

Analysis

The Lisbon Volunteer Fire Department Inc is a registered charity in United States, based in Clarkton, NC. It received its IRS tax-exemption ruling in April 1986, 40 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 2024, The Lisbon Volunteer Fire Department Inc reported income of $77k and spending of $113k, spending 148% of what it took in. Across the 3 years on record, from June 2022 to June 2024, income fell from $236k to $77k (-68%), an average of -43% a year. The sharpest change came in the year to June 2024, when income dropped by 47%. Over the whole period it spent 68% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Lisbon Volunteer Fire Department Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 28th percentile within NC. Charities of a similar size with the same main cause include Parent Booster USA Inc ($77k), Spreckels Parent Teacher Organization Inc ($77k) and Glencoe Community Football Incorporated ($77k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 4.0% and program service revenue 90% of the total. At year end it held assets of $574k against liabilities of $147k, net assets of $427k.