Lacy Volunteer Fire Department Inc

Analysis

Lacy Volunteer Fire Department Inc is a registered charity in United States, based in Hopkinsville, KY. It received its IRS tax-exemption ruling in July 2005, 21 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Lacy Volunteer Fire Department Inc reported income of $87k and spending of $60k, leaving 31% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $81k to $87k (+8.1%), an average of +2.0% a year. Over the whole period it spent 72% 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, Lacy Volunteer Fire Department Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 32nd percentile within KY. Charities of a similar size with the same main cause include Niagara Volunter Fire Department ($87k), Mountain Rest Fire Department Inc ($87k) and Citizens Fire Company 1 Inc ($87k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% of the total. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m.