Harvey Volunteer Fire Company No 2

Analysis

Harvey Volunteer Fire Company No 2 is a registered charity in United States, based in Harvey, LA. It received its IRS tax-exemption ruling in March 1990, 36 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, Harvey Volunteer Fire Company No 2 reported income of $5.0m and spending of $5.7m, spending 115% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.1m to $5.0m (+22%), an average of +5.0% a year. The sharpest change came in the year to December 2023, when income rose by 23%. Over the whole period it spent 108% 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, Harvey Volunteer Fire Company No 2 sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within LA. Charities of a similar size with the same main cause include Americas Poison Centers ($4.9m), Volunteer Firefighter Alliance ($5.0m) and St Louis Police Foundation ($4.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% of the total. Other salaries and wages came to $2.8m. At year end it held assets of $2.8m against liabilities of $343k, net assets of $2.4m. It reported 35 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.