Inez Fire Company Inc

Analysis

Inez Fire Company Inc is a registered charity in United States, based in Inez, TX. It received its IRS tax-exemption ruling in March 2005, 21 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, Inez Fire Company Inc reported income of $86k and spending of $41k, leaving 52% of income unspent that year. Across the 3 years on record, from December 2017 to December 2023, income fell from $244k to $86k (-65%), an average of -41% a year. The sharpest change came in the year to December 2022, when income dropped by 52%. Over the whole period it spent 78% 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, Inez Fire Company Inc sits at the 33rd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 35th percentile within TX. Charities of a similar size with the same main cause include Pedernales Fire Department Auxiliary ($86k), Page Ambulance Service ($86k) and Saddle Volunteer Fire Department ($86k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 50% of the total. At year end it held assets of $495k against liabilities of $0, net assets of $495k.