Southern Oaks Volunteer Fire Department

Analysis

Southern Oaks Volunteer Fire Department is a registered charity in United States, based in Streetman, TX. It received its IRS tax-exemption ruling in January 2014, 12 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, Southern Oaks Volunteer Fire Department reported income of $129k and spending of $134k, spending 104% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $105k to $129k (+22%), an average of +22% a year. The sharpest change came in the year to December 2023, when income rose by 22%. Over the whole period it spent 88% 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, Southern Oaks Volunteer Fire Department sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 47th percentile within TX. Charities of a similar size with the same main cause include Stillwater Area Volunteer Fire Department ($128k), Heartland Embrace Inc ($129k) and Kilbourn Fire Department ($128k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 90% of the total. At year end it held assets of $339k against liabilities of $0, net assets of $339k.