Buffalo Gap V F D

Analysis

Buffalo Gap V F D is a registered charity in United States, based in Buffalo Gap, TX. It received its IRS tax-exemption ruling in May 2019, 7 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Buffalo Gap V F D reported income of $358k and spending of $48k, leaving 87% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $200k to $358k (+80%), an average of +80% a year. The sharpest change came in the year to December 2023, when income rose by 80%. Over the whole period it spent 18% 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, Buffalo Gap V F D sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 69th percentile within TX. Charities of a similar size with the same main cause include Cedar Grove Fire Department Inc ($358k), Kindling Inc ($358k) and Polk Township Volunteer Fire Co ($358k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% of the total. At year end it held assets of $705k against liabilities of $0, net assets of $705k.