Fulton Volunteer Fire Department Inc

Analysis

Fulton Volunteer Fire Department Inc is a registered charity in United States, based in Fulton, TX. It received its IRS tax-exemption ruling in January 1987, 39 years ago. 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 June 2023, Fulton Volunteer Fire Department Inc reported income of $605k and spending of $429k, leaving 29% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $408k to $605k (+48%), an average of +10% a year. The sharpest change came in the year to June 2022, when income rose by 135%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Fulton Volunteer Fire Department Inc 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 73rd percentile, and in the 77th percentile within TX. Charities of a similar size with the same main cause include Wisconsin Family Council Inc ($605k), Wilson Community College Foundation Inc ($605k) and Vox Ama Deus ($605k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 47% of the total. At year end it held assets of $2.7m against liabilities of $0, net assets of $2.7m.