Preston Volunteer Emergency Services

Analysis

Preston Volunteer Emergency Services is a registered charity in United States, based in Pottsboro, TX. It received its IRS tax-exemption ruling in March 2001, 25 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Preston Volunteer Emergency Services reported income of $1.3m and spending of $1.0m, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $620k to $1.3m (+110%), an average of +20% a year. The sharpest change came in the year to December 2023, when income rose by 75%. Over the whole period it spent 93% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Preston Volunteer Emergency Services sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 86th percentile within TX. Charities of a similar size with the same main cause include Central Plains Health Care Partnership ($1.3m), Teen Challenge of the Mid-South Inc ($1.3m) and Sylvania Franciscan Health ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 49% and program service revenue 50% of the total. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m. It reported 8 employees.