Marble Falls Area Volunteer Fire Department Inc

Analysis

Marble Falls Area Volunteer Fire Department Inc is a registered charity in United States, based in Marble Falls, TX. It received its IRS tax-exemption ruling in March 1981, 45 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 September 2023, Marble Falls Area Volunteer Fire Department Inc reported income of $381k and spending of $438k, spending 115% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $240k to $381k (+59%), an average of +12% a year. The sharpest change came in the year to September 2023, when income rose by 53%. Over the whole period it spent 113% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Marble Falls Area Volunteer Fire Department Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 70th percentile within TX. Charities of a similar size with the same main cause include National Church Residences of ($381k), Americans Against Legalizing Marijuana ($381k) and The Weldon Fire Company of Weldon Pennsylvania ($381k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 93% of the total. Other salaries and wages came to $97k. At year end it held assets of $480k against liabilities of $9,750, net assets of $470k. It reported 12 employees.

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.