South Polk County Volunteer Fire Department and Ace Community Park

Analysis

South Polk County Volunteer Fire Department and Ace Community Park is a registered charity in United States, based in Ace, TX. It received its IRS tax-exemption ruling in September 1994, 32 years ago. 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, South Polk County Volunteer Fire Department and Ace Community Park reported income of $231k and spending of $156k, leaving 32% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $107k to $231k (+116%), an average of +116% a year. The sharpest change came in the year to December 2023, when income rose by 116%. Over the whole period it spent 70% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, South Polk County Volunteer Fire Department and Ace Community Park sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 61st percentile within TX. Charities of a similar size with the same main cause include Piedmont Christian Assembly Inc ($231k), Bible Ministry Foundation Inc of USA ($231k) and Weddington Area Volunteer Fire Protection Association Inc ($231k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% and program service revenue 1.6% of the total. At year end it held assets of $433k against liabilities of $0, net assets of $433k.