Hamilton Volunteer Fire Department

Analysis

Hamilton Volunteer Fire Department is a registered charity in United States, based in Hamilton, TX. It received its IRS tax-exemption ruling in March 2001, 25 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Hamilton Volunteer Fire Department reported income of $295k and spending of $70k, leaving 76% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $164k to $295k (+80%), an average of +80% a year. The sharpest change came in the year to December 2023, when income rose by 80%. Over the whole period it spent 31% 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, Hamilton Volunteer Fire Department sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 66th percentile within TX. Charities of a similar size with the same main cause include Foundation for Federal Enforcement & Homeland Security Corp ($294k), The Southeast Wisconsin Healthcare Emergency Readiness Coalition Inc ($295k) and Pioneer Steam Fire Engine Company No 1 of Ephrata Pennsylvania ($294k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 40% and program service revenue 0.0% of the total. At year end it held assets of $634k against liabilities of $90k, net assets of $544k.