Wells Volunter Fire Department

Analysis

Wells Volunter Fire Department is a registered charity in United States, based in Wells, TX. It received its IRS tax-exemption ruling in February 2019, 7 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, Wells Volunter Fire Department reported income of $113k and spending of $93k, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $110k to $113k (+2.4%), an average of +0.6% a year. Over the whole period it spent 68% 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, Wells Volunter Fire Department sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 43rd percentile within TX. Charities of a similar size with the same main cause include Penrhyn Engine & Hose Co Inc ($113k), Christiana Volunteer Fire Department ($113k) and Washington Borough Fire Department Inc ($113k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $625k against liabilities of $0, net assets of $625k.