Groveton Fire Department Association

Analysis

Groveton Fire Department Association is a registered charity in United States, based in Groveton, TX. It received its IRS tax-exemption ruling in October 1988, 38 years ago. 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 2022, Groveton Fire Department Association reported income of $485k and spending of $465k, spending 96% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $47k to $485k (+928%), an average of +118% a year. The sharpest change came in the year to December 2022, when income rose by 487%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Groveton Fire Department Association sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 74th percentile within TX. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($485k), U S M Student Senate ($485k) and CSP Village Apartments ($485k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 80% and program service revenue 9.9% of the total. At year end it held assets of $701k against liabilities of $0, net assets of $701k.