Ivanhoe Volunteer Fire Department

Analysis

Ivanhoe Volunteer Fire Department is a registered charity in United States, based in Woodville, TX. It received its IRS tax-exemption ruling in November 2014, 12 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, Ivanhoe Volunteer Fire Department reported income of $75k and spending of $82k, spending 109% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $93k to $75k (-19%), an average of -19% a year. The sharpest change came in the year to December 2023, when income dropped by 19%. Over the whole period it spent 84% 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, Ivanhoe Volunteer Fire Department sits at the 29th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 31st percentile within TX. Charities of a similar size with the same main cause include Sturkie VFD ($75k), Vale Volunteer Fire Department ($75k) and Aura Volunteer Fire Company ($75k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 3.6% and program service revenue 96% of the total. At year end it held assets of $234k against liabilities of $0, net assets of $234k.