Burnet Volunteer Fire Department

Analysis

Burnet Volunteer Fire Department is a registered charity in United States, based in Burnet, TX. It received its IRS tax-exemption ruling in March 2004, 22 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 September 2023, Burnet Volunteer Fire Department reported income of $442k and spending of $419k, spending 95% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $319k to $442k (+39%), an average of +8.5% a year. The sharpest change came in the year to September 2022, when income rose by 64%. Over the whole period it spent 86% 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, Burnet Volunteer Fire Department sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 73rd percentile within TX. Charities of a similar size with the same main cause include Georgia Fire Fighters Burn Foundation Inc ($442k), Washington Volunteer Fire & Rescue Inc ($443k) and Knox Creek Volunteer Fire Department ($442k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $47k (11% of expenses). Other salaries and wages came to $53k. At year end it held assets of $940k against liabilities of $208k, net assets of $732k. It reported 3 employees.