Cottonwood Shores Volunteer Fire Department

Analysis

Cottonwood Shores Volunteer Fire Department is a registered charity in United States, based in Cottonwd SHRS, TX. It received its IRS tax-exemption ruling in March 2013, 13 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, Cottonwood Shores Volunteer Fire Department reported income of $91k and spending of $78k, spending 86% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $117k to $91k (-22%), an average of -5.9% a year. The sharpest change came in the year to September 2020, when income dropped by 27%. Over the whole period it spent 113% 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, Cottonwood Shores Volunteer Fire Department sits at the 35th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 37th percentile within TX. Charities of a similar size with the same main cause include Massachusetts Fire District 14 ($91k), Independent Fire Co No 1 ($91k) and Ulster Hose Company 5 Inc ($91k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 96% and program service revenue 3.9% of the total. At year end it held assets of $299k against liabilities of $0, net assets of $299k.