Ponder Volunteer Fire Department Inc

Analysis

Ponder Volunteer Fire Department Inc is a registered charity in United States, based in Ponder, TX. It received its IRS tax-exemption ruling in December 2005, 21 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, Ponder Volunteer Fire Department Inc reported income of $334k and spending of $328k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $305k to $334k (+9.4%), an average of +2.3% a year. The sharpest change came in the year to December 2022, when income rose by 26%. Over the whole period it spent 88% 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, Ponder Volunteer Fire Department Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 68th percentile within TX. Charities of a similar size with the same main cause include Thetford Volunteer Fire Department Inc ($334k), Lieutenant Joseph P Dibernardo Memorial Foundation ($334k) and Kings Mountain Volunteer Fire Brigade Inc ($334k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 32% and program service revenue 67% of the total. At year end it held assets of $1.0m against liabilities of $73k, net assets of $953k.