Terrell Volunteer Fire Department Inc

Analysis

Terrell Volunteer Fire Department Inc is a registered charity in United States, based in Terrell, TX. It received its IRS tax-exemption ruling in February 2008, 18 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, Terrell Volunteer Fire Department Inc reported income of $502k and spending of $377k, leaving 25% of income unspent that year. Across the 4 years on record, from September 2020 to September 2023, income grew from $253k to $502k (+98%), an average of +26% a year. The sharpest change came in the year to September 2023, when income rose by 49%. Over the whole period it spent 91% 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, Terrell Volunteer Fire Department Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 75th percentile within TX. Charities of a similar size with the same main cause include Hall County Ems Inc ($500k), Madison County Volunteer Fire Co Inc ($502k) and Blacksburg Volunteer Fire Department ($500k).

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 $828k against liabilities of $347k, net assets of $481k.