Lovetown Volunteer Fire Department

Analysis

Lovetown Volunteer Fire Department is a registered charity in United States, based in Ashford, AL. It received its IRS tax-exemption ruling in January 2013, 13 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 December 2023, Lovetown Volunteer Fire Department reported income of $52k and spending of $56k, spending 106% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $51k to $52k (+3.4%), an average of +3.4% a year. Over the whole period it spent 91% 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, Lovetown Volunteer Fire Department sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 19th percentile within AL. Charities of a similar size with the same main cause include Reliance Fire Company of Woodstown and Pilesgrove Township ($52k), Hext Volunteer Fire Department ($52k) and Utah County Sheriffs Honorary Colonels ($52k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $74k against liabilities of $0, net assets of $74k.