Selden Volunteer Fire Department

Analysis

Selden Volunteer Fire Department is a registered charity in United States, based in Stephenville, TX. It received its IRS tax-exemption ruling in September 2013, 13 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Selden Volunteer Fire Department reported income of $260k and spending of $157k, leaving 40% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $74k to $260k (+253%), an average of +88% a year. The sharpest change came in the year to December 2022, when income rose by 93%. Over the whole period it spent 51% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Selden Volunteer Fire Department sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 63rd percentile within TX. Charities of a similar size with the same main cause include Rockford Health Council ($260k), German-American School Association ($260k) and Operation Honor Guard NFP ($260k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $273k against liabilities of $0, net assets of $273k.