Eldorado Volunteer Fire Dept Inc

Analysis

Eldorado Volunteer Fire Dept Inc is a registered charity in United States, based in Eldorado, TX. It received its IRS tax-exemption ruling in January 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 December 2023, Eldorado Volunteer Fire Dept Inc reported income of $69k and spending of $87k, spending 126% of what it took in. Across the 3 years on record, from December 2020 to December 2023, income fell from $368k to $69k (-81%), an average of -57% a year. The sharpest change came in the year to December 2023, when income dropped by 69%. Over the whole period it spent 30% 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, Eldorado Volunteer Fire Dept Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 28th percentile within TX. Charities of a similar size with the same main cause include Safe Communities Coalition of Pitt County Inc ($69k), Catalina Island Yacht Club Foundation ($69k) and Volunteer Fire Department of Luzerne ($69k).

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 $546k against liabilities of $0, net assets of $546k.