Cresson Volunteer Fire Department

Analysis

Cresson Volunteer Fire Department is a registered charity in United States, based in Cresson, TX. It received its IRS tax-exemption ruling in November 2011, 15 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 December 2023, Cresson Volunteer Fire Department reported income of $762k and spending of $486k, leaving 36% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $257k to $762k (+197%), an average of +31% a year. The sharpest change came in the year to December 2022, when income rose by 78%. Over the whole period it spent 74% 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, Cresson Volunteer Fire Department sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 80th percentile within TX. Charities of a similar size with the same main cause include G V W Volunteer Fire Department ($762k), Aurora Emergency Rescue Inc ($763k) and Faucette Township Volunteer Fire Department Inc ($762k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.5m against liabilities of $88k, net assets of $1.4m.