South Van Zandt Volunteer Fire Department Incorporated

Analysis

South Van Zandt Volunteer Fire Department Incorporated is a registered charity in United States, based in Athens, TX. It received its IRS tax-exemption ruling in January 1986, 40 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, South Van Zandt Volunteer Fire Department Incorporated reported income of $297k and spending of $315k, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $190k to $297k (+56%), an average of +12% a year. The sharpest change came in the year to December 2022, when income rose by 52%. Over the whole period it spent 115% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, South Van Zandt Volunteer Fire Department Incorporated sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 66th percentile within TX. Charities of a similar size with the same main cause include Texoma Mother and Unborn Baby Care Inc ($297k), Rock County Historical Society ($297k) and Mt Lebanon Community Foundation ($297k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $109k against liabilities of $4,924, net assets of $104k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.