Lakeview Fire Protection District

Analysis

Lakeview Fire Protection District is a registered charity in United States, based in Lake View, AL. It received its IRS tax-exemption ruling in February 2016, 10 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, Lakeview Fire Protection District reported income of $435k and spending of $392k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $284k to $435k (+53%), an average of +11% a year. The sharpest change came in the year to December 2022, when income rose by 46%. Over the whole period it spent 97% 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, Lakeview Fire Protection District sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 70th percentile within AL. Charities of a similar size with the same main cause include Milford Township Vol Fire Co 1 ($434k), Charles County Dive Rescue Inc ($435k) and Kingwood Township Volunteer Fire Company No 1 ($434k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.4% and program service revenue 59% of the total. Other salaries and wages came to $192k. At year end it held assets of $797k against liabilities of $166k, net assets of $631k. It reported 13 employees.