Lonsdale Fire Association Incorporated
Analysis
Lonsdale Fire Association Incorporated is a registered charity in United States, based in Lonsdale, AR. It received its IRS tax-exemption ruling in April 1988, 38 years ago. 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, Lonsdale Fire Association Incorporated reported income of $130k and spending of $96k, leaving 26% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $98k to $130k (+32%), an average of +7.2% a year. The sharpest change came in the year to December 2020, when income rose by 39%. Over the whole period it spent 75% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lonsdale Fire Association Incorporated sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 43rd percentile within AR. Charities of a similar size with the same main cause include Best Year Yet Foundation ($130k), Empower Dance Foundation ($130k) and Psalms of Praise Ministries Inc ($130k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% of the total. At year end it held assets of $425k against liabilities of $168k, net assets of $256k.
Income and spending
Where the income comes from
- Contributions & grants 85%
- Other 15%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Best Year Yet Foundation | Arvada | $130k |
| Empower Dance Foundation | Durham | $130k |
| Psalms of Praise Ministries Inc | Fayetteville | $130k |
| Newnan Junior Service League Inc | Newnan | $130k |