New Ulm Volunteer Fire Department

Analysis

New Ulm Volunteer Fire Department is a registered charity in United States, based in New Ulm, TX. It received its IRS tax-exemption ruling in June 2022, 4 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending April 2024, New Ulm Volunteer Fire Department reported income of $189k and spending of $94k, leaving 50% of income unspent that year. Across the 5 years on record, from April 2020 to April 2024, income grew from $74k to $189k (+156%), an average of +26% a year. The sharpest change came in the year to April 2023, when income rose by 82%. Over the whole period it spent 55% 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 Ulm Volunteer Fire Department sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 56th percentile within TX. Charities of a similar size with the same main cause include Burtonsville Volunteer Fire Department Inc ($189k), Delhi Volunteer Fire Department Andfirst Responders ($189k) and Brownsdale Volunteer Fire Department ($189k).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 62% of the total. At year end it held assets of $704k against liabilities of $0, net assets of $704k.