Jamaica Beach Volunteer Fire Department Inc

Analysis

Jamaica Beach Volunteer Fire Department Inc is a registered charity in United States, based in Galveston, TX. It received its IRS tax-exemption ruling in October 1996, 30 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 March 2024, Jamaica Beach Volunteer Fire Department Inc reported income of $250k and spending of $240k, spending 96% of its income. Across the 3 years on record, from March 2022 to March 2024, income grew from $154k to $250k (+62%), an average of +28% a year. The sharpest change came in the year to March 2024, when income rose by 33%. Over the whole period it spent 95% 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, Jamaica Beach Volunteer Fire Department Inc sits at the 67th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 62nd percentile within TX. Charities of a similar size with the same main cause include Sergeantsville Volunteer Fire Company ($250k), Douglas Rescue Squad of Douglas Nebraska ($250k) and Higher Power Garage ($250k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 64% of the total. At year end it held assets of $348k against liabilities of $127k, net assets of $221k.