Erath County Volunteer Fire Department

Analysis

Erath County Volunteer Fire Department is a registered charity in United States, based in Stephenville, TX. It received its IRS tax-exemption ruling in January 2004, 22 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, Erath County Volunteer Fire Department reported income of $490k and spending of $303k, leaving 38% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $275k to $490k (+78%), an average of +16% a year. The sharpest change came in the year to September 2023, when income rose by 98%. Over the whole period it spent 86% 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, Erath County Volunteer Fire Department sits at the 83rd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 74th percentile within TX. Charities of a similar size with the same main cause include Mineral Point Rescue Squad Inc ($490k), Millerton Volunteer Fire Dept ($490k) and Mohegan Fire Company Inc ($489k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $218k. At year end it held assets of $281k against liabilities of $23k, net assets of $258k. It reported 18 employees.