New Waverly Volunteer Fire Department

Analysis

New Waverly Volunteer Fire Department is a registered charity in United States, based in New Waverly, TX. It received its IRS tax-exemption ruling in September 2012, 14 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, New Waverly Volunteer Fire Department reported income of $1.2m and spending of $1.2m, spending 94% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.1m to $1.2m (+12%), an average of +2.9% a year. The sharpest change came in the year to September 2022, when income rose by 16%. Over the whole period it spent 99% 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, New Waverly Volunteer Fire Department sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 85th percentile within TX. Charities of a similar size with the same main cause include First Responders Foundation ($1.2m), Hebron Volunteer Fire Department Incorporated ($1.2m) and Portage Volunteer Fire Company No 1 ($1.2m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $600k. At year end it held assets of $511k against liabilities of $0, net assets of $511k. It reported 56 employees.