Stonewall Volunteer Fire Department

Analysis

Stonewall Volunteer Fire Department is a registered charity in United States, based in Stonewall, TX. It received its IRS tax-exemption ruling in January 1997, 29 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, Stonewall Volunteer Fire Department reported income of $222k and spending of $196k, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $173k to $222k (+29%), an average of +6.5% a year. The sharpest change came in the year to December 2022, when income rose by 64%. Over the whole period it spent 71% 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, Stonewall Volunteer Fire Department sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 60th percentile within TX. Charities of a similar size with the same main cause include Hiller Volunteer Fire Co ($222k), Lenola Fire Company Emergency Unit Inc ($222k) and Sisterdale Volunteer Fire Department Inc ($222k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 28% and program service revenue 15% of the total. At year end it held assets of $1.6m against liabilities of $0, net assets of $1.6m.