Laurel County Fire Department Inc

Analysis

Laurel County Fire Department Inc is a registered charity in United States, based in London, KY. It received its IRS tax-exemption ruling in July 2021, 5 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 June 2023, Laurel County Fire Department Inc reported income of $222k and spending of $264k, spending 119% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $2,325 to $222k (+9467%), an average of +357% a year. The sharpest change came in the year to June 2021, when income rose by 15379%. Over the whole period it spent 82% 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 County Fire Department Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 56th percentile within KY. Charities of a similar size with the same main cause include The Flushing Volunteer Fire Department ($222k), San Miguel Search and Rescue ($222k) and Madison Volunteer Fire Department Inc ($222k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 41% of the total. At year end it held assets of $1.3m against liabilities of $632k, net assets of $687k.