Castle Lake Ranch Volunteer Fire Department Inc

Analysis

Castle Lake Ranch Volunteer Fire Department Inc is a registered charity in United States, based in Pipe Creek, TX. It received its IRS tax-exemption ruling in May 2003, 23 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 March 2024, Castle Lake Ranch Volunteer Fire Department Inc reported income of $68k and spending of $41k, leaving 39% of income unspent that year. Across the 3 years on record, from March 2020 to March 2024, income fell from $253k to $68k (-73%), an average of -48% a year. The sharpest change came in the year to March 2023, when income dropped by 62%. Over the whole period it spent 97% 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, Castle Lake Ranch Volunteer Fire Department Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 28th percentile within TX. Charities of a similar size with the same main cause include Arlington Fire Protection Inc ($68k), Northampton Township Volunteer Firefighters Benevolent Assoc Inc ($68k) and Bruces Legacy Inc ($68k).

On its Form 990-EZ for the period ending March 2024, revenue came from contributions and grants 57% and program service revenue 21% of the total. At year end it held assets of $335k against liabilities of $0, net assets of $335k.