Elmo Volunteer Fire Department

Analysis

Elmo Volunteer Fire Department is a registered charity in United States, based in Elmo, TX. It received its IRS tax-exemption ruling in September 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 September 2023, Elmo Volunteer Fire Department reported income of $446k and spending of $375k, spending 84% of its income. Across the 4 years on record, from September 2020 to September 2023, income grew from $203k to $446k (+120%), an average of +30% a year. The sharpest change came in the year to September 2022, when income rose by 48%. Over the whole period it spent 98% 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, Elmo Volunteer Fire Department sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 73rd percentile within TX. Charities of a similar size with the same main cause include Mastersonville Volunteer Fire Company Inc ($446k), Caldwell Fire Department Inc ($446k) and Northern Kentucky Emergency Medical Services Inc ($446k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $816k against liabilities of $407k, net assets of $409k.