Falls City Volunteer Fire Department

Analysis

Falls City Volunteer Fire Department is a registered charity in United States, based in Falls City, TX. It received its IRS tax-exemption ruling in January 1986, 40 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 December 2023, Falls City Volunteer Fire Department reported income of $296k and spending of $71k, leaving 76% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $107k to $296k (+178%), an average of +29% a year. The sharpest change came in the year to December 2022, when income rose by 316%. Over the whole period it spent 34% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Falls City Volunteer Fire Department sits at the 60th percentile: it is larger than about 60% 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 International Sunday School Lessons Inc ($296k), West Valley Symphony Association ($296k) and Taiwanese American Foundation ($296k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% of the total. At year end it held assets of $958k against liabilities of $0, net assets of $958k.