Texoma Fire District Inc

Analysis

Texoma Fire District Inc is a registered charity in United States, based in Kingston, OK. It received its IRS tax-exemption ruling in July 2007, 19 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 September 2023, Texoma Fire District Inc reported income of $96k and spending of $188k, spending 196% of what it took in. Across the 4 years on record, from September 2020 to September 2023, income grew from $42k to $96k (+126%), an average of +31% a year. The sharpest change came in the year to September 2021, when income rose by 81%. Over the whole period it spent 147% 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, Texoma Fire District Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 35th percentile within OK. Charities of a similar size with the same main cause include Franklin Borough Volunteer Fire Company ($96k), Platea Volunteer Fire Company Inc ($96k) and San Luis Obispo Fire Investigation Strike Team Inc ($96k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $0 against liabilities of $0, net assets of $0.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.