Bremond Volunteer Fire Department

Analysis

Bremond Volunteer Fire Department is a registered charity in United States, based in Bremond, TX. It received its IRS tax-exemption ruling in April 2012, 14 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, Bremond Volunteer Fire Department reported income of $147k and spending of $117k, leaving 20% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income fell from $464k to $147k (-68%), an average of -25% a year. The sharpest change came in the year to September 2020, when income dropped by 75%. Over the whole period it spent 95% 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, Bremond Volunteer Fire Department sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 50th percentile within TX. Charities of a similar size with the same main cause include Mount Vernon Fire Department ($147k), Brightview Landscapes Foundation ($147k) and Caney Branch Volunteer Fire Department ($146k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 28% and program service revenue 71% of the total. At year end it held assets of $132k against liabilities of $0, net assets of $132k.