Mineoola Volunteer Fire Department

Analysis

Mineoola Volunteer Fire Department is a registered charity in United States, based in Mineola, TX. It received its IRS tax-exemption ruling in June 1989, 37 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, Mineoola Volunteer Fire Department reported income of $66k and spending of $48k, leaving 27% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $98k to $66k (-32%), an average of -18% a year. The sharpest change came in the year to December 2022, when income dropped by 37%. Over the whole period it spent 64% 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, Mineoola Volunteer Fire Department sits at the 25th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 27th percentile within TX. Charities of a similar size with the same main cause include Chief Edward Peyser Memorial Foundation ($66k), King George Fire & Rescue Inc ($66k) and Hawthorne Fire Co 3 Inc ($66k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 114% of the total. At year end it held assets of $560k against liabilities of $736, net assets of $559k.