Possum Kingdom Lake Volunteer Fire and Ambulance Service Inc

Analysis

Possum Kingdom Lake Volunteer Fire and Ambulance Service Inc is a registered charity in United States, based in Graford, TX. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Possum Kingdom Lake Volunteer Fire and Ambulance Service Inc reported income of $185k and spending of $361k, spending 195% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $490k to $185k (-62%), an average of -62% a year. The sharpest change came in the year to December 2023, when income dropped by 62%. Over the whole period it spent 81% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Possum Kingdom Lake Volunteer Fire and Ambulance Service Inc sits at the 46th percentile: it is larger than about 46% 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 Penns Village ($185k), Agape Love Deaf International Inc ($185k) and Alive & Well Inc ($185k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 103% of the total. At year end it held assets of $571k against liabilities of $0, net assets of $571k.