Medina Lake Volunteer Fire Department Inc

Analysis

Medina Lake Volunteer Fire Department Inc is a registered charity in United States, based in Lakehills, TX. It received its IRS tax-exemption ruling in December 2002, 24 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Medina Lake Volunteer Fire Department Inc reported income of $161k and spending of $121k, leaving 25% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $121k to $161k (+34%), an average of +7.5% a year. The sharpest change came in the year to December 2022, when income rose by 39%. Over the whole period it spent 75% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Medina Lake Volunteer Fire Department Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 53rd percentile within TX. Charities of a similar size with the same main cause include Ayuda Smiles ($161k), Crook County Rotary Foundation Inc ($161k) and Bus Stop Club Inc ($161k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 4.5% of the total. At year end it held assets of $587k against liabilities of $0, net assets of $587k.