The Seale-Round Prairie Volunteer Fire Department Incorporation

Analysis

The Seale-Round Prairie Volunteer Fire Department Incorporation is a registered charity in United States, based in Thornton, TX. It received its IRS tax-exemption ruling in April 1986, 40 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, The Seale-Round Prairie Volunteer Fire Department Incorporation reported income of $58k and spending of $42k, leaving 28% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $162k to $58k (-64%), an average of -64% a year. The sharpest change came in the year to December 2023, when income dropped by 64%. Over the whole period it spent 93% 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, The Seale-Round Prairie Volunteer Fire Department Incorporation sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 23rd percentile within TX. Charities of a similar size with the same main cause include VGF Legacy Fund ($58k), Lawton Firefighters Association Incorporated ($58k) and Long Beach Firemens Memorial Assoc Fire Station No 1 ($58k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 70% of the total. At year end it held assets of $359k against liabilities of $0, net assets of $359k.