Poteet Volunteer Fire Department Inc

Analysis

Poteet Volunteer Fire Department Inc is a registered charity in United States, based in Poteet, TX. It received its IRS tax-exemption ruling in July 1997, 29 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, Poteet Volunteer Fire Department Inc reported income of $127k and spending of $95k, leaving 25% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $72k to $127k (+76%), an average of +15% a year. The sharpest change came in the year to December 2022, when income rose by 58%. Over the whole period it spent 66% 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, Poteet Volunteer Fire Department Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 46th percentile within TX. Charities of a similar size with the same main cause include Depew Volunteer Fire Department Inc ($127k), Elmont East End Chemical Engine and Hose Company Inc ($127k) and Hartwood Volunteer Firemens Association Incorporation ($126k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 53% and program service revenue 21% of the total. At year end it held assets of $258k against liabilities of $36k, net assets of $222k.