Fuel Way Station

Analysis

Fuel Way Station is a registered charity in United States, based in Llano, TX. It received its IRS tax-exemption ruling in November 2015, 11 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Fuel Way Station reported income of $100k and spending of $118k, spending 118% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $127k to $100k (-22%), an average of -22% a year. The sharpest change came in the year to December 2023, when income dropped by 22%. Over the whole period it spent 100% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Fuel Way Station sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 39th percentile within TX. Charities of a similar size with the same main cause include Pennsylvania State Association of County Fairs ($100k), Prowers County Development Inc ($100k) and Larkspur Community Foundation ($100k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% of the total. Other salaries and wages came to $55k. At year end it held assets of $28k against liabilities of $749, net assets of $27k. It reported 13 employees.