Hilltop Lakes Volunteer Fire Department Inc

Analysis

Hilltop Lakes Volunteer Fire Department Inc is a registered charity in United States, based in Hilltop Lakes, TX. It received its IRS tax-exemption ruling in August 2000, 26 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, Hilltop Lakes Volunteer Fire Department Inc reported income of $881k and spending of $702k, leaving 20% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $477k to $881k (+85%), an average of +17% a year. The sharpest change came in the year to December 2020, when income rose by 39%. Over the whole period it spent 92% 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, Hilltop Lakes Volunteer Fire Department Inc sits at the 91st percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 82nd percentile within TX. Charities of a similar size with the same main cause include East Side Volunteer Fire Protection Association Inc ($879k), Thousand Islands Emergency Rescue Service Inc ($882k) and Robinson Volunteer Fire Department Inc ($878k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 21% and program service revenue 74% of the total. Other salaries and wages came to $396k. At year end it held assets of $880k against liabilities of $43k, net assets of $838k. It reported 10 employees.