Woodrow Volunteer Fire Department Inc

Analysis

Woodrow Volunteer Fire Department Inc is a registered charity in United States, based in Lubbock, TX. It received its IRS tax-exemption ruling in December 1978, 48 years ago. 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, Woodrow Volunteer Fire Department Inc reported income of $423k and spending of $225k, leaving 47% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.2m to $423k (-64%), an average of -23% a year. The sharpest change came in the year to December 2021, when income rose by 97%. Over the whole period it spent 37% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Woodrow Volunteer Fire Department Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 72nd percentile within TX. Charities of a similar size with the same main cause include Breakfast Group ($423k), Evangelical Lutheran Church in America ($423k) and Armand J Brinkhaus Sr South St Landry Community Library District ($423k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 97% of the total. At year end it held assets of $2.3m against liabilities of $0, net assets of $2.3m.