The Dime Box Volunteer Fire Department

Analysis

The Dime Box Volunteer Fire Department is a registered charity in United States, based in Dime Box, TX. It received its IRS tax-exemption ruling in May 2000, 26 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, The Dime Box Volunteer Fire Department reported income of $268k and spending of $172k, leaving 36% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $130k to $268k (+106%), an average of +106% a year. The sharpest change came in the year to December 2023, when income rose by 106%. Over the whole period it spent 57% 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, The Dime Box Volunteer Fire Department sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 64th percentile within TX. Charities of a similar size with the same main cause include Summit Station Fire Co ($268k), Windsor Volunteer Fire Department ($268k) and Glen Gardner Fire Company No 1 a NJ Nonprofit Corporation ($268k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 53% of the total. At year end it held assets of $605k against liabilities of $0, net assets of $605k.