Heart of Pines Volunteer Fire Department

Analysis

Heart of Pines Volunteer Fire Department is a registered charity in United States, based in Smithville, TX. It received its IRS tax-exemption ruling in June 2024, 2 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, Heart of Pines Volunteer Fire Department reported income of $57k and spending of $203k, spending 355% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $56k to $57k (+1.6%), an average of +0.8% a year. The sharpest change came in the year to December 2022, when income rose by 107%. Over the whole period it spent 169% 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, Heart of Pines Volunteer Fire Department sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 23rd percentile within TX. Charities of a similar size with the same main cause include Catlettsburg Volunteer Fire Department ($57k), Lipan Volunteer Fire Department ($57k) and East Providence Volunteer Fire Department Inc ($57k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 68% and program service revenue 31% of the total. At year end it held assets of $759k against liabilities of $0, net assets of $759k.

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.