Possum Kingdom West Side Volunteer Fire Department

Analysis

Possum Kingdom West Side Volunteer Fire Department is a registered charity in United States, based in Graham, TX. It received its IRS tax-exemption ruling in October 1991, 35 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, Possum Kingdom West Side Volunteer Fire Department reported income of $385k and spending of $101k, leaving 74% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $69k to $385k (+462%), an average of +137% a year. The sharpest change came in the year to December 2023, when income rose by 163%. Over the whole period it spent 38% 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, Possum Kingdom West Side Volunteer Fire Department sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 71st percentile within TX. Charities of a similar size with the same main cause include North Mankato Firemens Relief Association ($385k), Holly Grove Fire Department Inc ($385k) and Mennonite Disaster Service of Eastern Pennsylvania & New Jersey ($385k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% of the total. At year end it held assets of $605k against liabilities of $0, net assets of $605k.