Hudson Volunteer Fire Department Inc

Analysis

Hudson Volunteer Fire Department Inc is a registered charity in United States, based in Lufkin, TX. It received its IRS tax-exemption ruling in December 1992, 34 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, Hudson Volunteer Fire Department Inc reported income of $361k and spending of $261k, leaving 28% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $172k to $361k (+109%), an average of +20% a year. The sharpest change came in the year to December 2023, when income rose by 48%. Over the whole period it spent 124% 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, Hudson Volunteer Fire Department Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 69th percentile within TX. Charities of a similar size with the same main cause include Eldridge Volunteer Fire Co ($361k), Training for Life Inc ($361k) and Boscobel & Rural Fire District ($361k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 47% of the total. At year end it held assets of $319k against liabilities of $766k, net assets of -$448k.