McMahan Volunteer Fire Department

Analysis

McMahan Volunteer Fire Department is a registered charity in United States, based in Dale, TX. It received its IRS tax-exemption ruling in May 1998, 28 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, McMahan Volunteer Fire Department reported income of $83k and spending of $74k, spending 90% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $53k to $83k (+57%), an average of +57% a year. The sharpest change came in the year to December 2023, when income rose by 57%. Over the whole period it spent 98% 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, McMahan Volunteer Fire Department sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 34th percentile within TX. Charities of a similar size with the same main cause include Conemaugh Township Fire Company ($83k), Memphis Fire Fighters Association Foundation ($83k) and Great Falls Police Communityfoundation ($83k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 52% and program service revenue 14% of the total. At year end it held assets of $243k against liabilities of $5,982, net assets of $237k.