Sweet Home Volunteer Fire Department

Analysis

Sweet Home Volunteer Fire Department is a registered charity in United States, based in Sweet Home, TX. It received its IRS tax-exemption ruling in May 1995, 31 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 December 2023, Sweet Home Volunteer Fire Department reported income of $117k and spending of $43k, leaving 63% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $23k to $117k (+399%), an average of +50% a year. The sharpest change came in the year to December 2020, when income rose by 347%. Over the whole period it spent 26% 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, Sweet Home Volunteer Fire Department sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 44th percentile within TX. Charities of a similar size with the same main cause include Lingleville Volunteer Fire Department Inc ($117k), Wilson Fire Co No 1 ($117k) and Front Line Appreciation Group of Millburn Short Hills Inc ($117k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 69% of the total. At year end it held assets of $1.7m against liabilities of $0, net assets of $1.7m.