Buna Volunteer Fire Department

Analysis

Buna Volunteer Fire Department is a registered charity in United States, based in Buna, TX. It received its IRS tax-exemption ruling in August 1981, 45 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Buna Volunteer Fire Department reported income of $80k and spending of $139k, spending 175% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $96k to $80k (-17%), an average of -4.6% a year. The sharpest change came in the year to December 2022, when income rose by 149%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Buna Volunteer Fire Department sits at the 31st percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 33rd percentile within TX. Charities of a similar size with the same main cause include United Way of Jackson County Inc ($80k), Affinity Films Inc ($80k) and Aminas Gift Inc ($80k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% of the total. At year end it held assets of $239k against liabilities of $0, net assets of $239k.