Schroeder Volunteer Fire Department

Analysis

Schroeder Volunteer Fire Department is a registered charity in United States, based in Victoria, TX. It received its IRS tax-exemption ruling in August 2006, 20 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, Schroeder Volunteer Fire Department reported income of $57k and spending of $42k, leaving 26% of income unspent that year. Across the 2 years on record, from December 2019 to December 2023, income grew from $32k to $57k (+76%), an average of +76% a year. The sharpest change came in the year to December 2023, when income rose by 76%. Over the whole period it spent 69% 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, Schroeder Volunteer Fire Department sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 23rd percentile within TX. Charities of a similar size with the same main cause include Watchung Fire Company No 3 ($57k), Lakeview Fire Department Inc ($57k) and Forestville Citizens Fire Company ($57k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 49% of the total. At year end it held assets of $146k against liabilities of $0, net assets of $146k.