Steele Creek Acres Volunteer Fire Department

Analysis

Steele Creek Acres Volunteer Fire Department is a registered charity in United States, based in Morgan, TX. It received its IRS tax-exemption ruling in November 2002, 24 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 December 2023, Steele Creek Acres Volunteer Fire Department reported income of $97k and spending of $108k, spending 112% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $55k to $97k (+76%), an average of +76% a year. The sharpest change came in the year to December 2023, when income rose by 76%. 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, Steele Creek Acres Volunteer Fire Department 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 38th percentile within TX. Charities of a similar size with the same main cause include Milo Fire Department ($97k), Chapel Volunteer Fire Department ($97k) and Bicycle Advocates for Annapolis & Anne Arundel County Incorporated ($97k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 69% of the total. At year end it held assets of $59k against liabilities of $0, net assets of $59k.