Lakeway Central Volunteer Fire Department Inc

Analysis

Lakeway Central Volunteer Fire Department Inc is a registered charity in United States, based in Jefferson Cty, TN. It received its IRS tax-exemption ruling in June 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 June 2024, Lakeway Central Volunteer Fire Department Inc reported income of $99k and spending of $82k, spending 83% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $86k to $99k (+15%), an average of +15% a year. Over the whole period it spent 101% 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, Lakeway Central 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 36th percentile within TN. Charities of a similar size with the same main cause include Lincoln Volunteer Fire Company Inc ($99k), Blackwood Fire Company ($99k) and Franklin Township Volunteer Fire Dept ($99k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 88% of the total. At year end it held assets of $318k against liabilities of $0, net assets of $318k.