Lowry Crossing Volunteer Fire Department Inc

Analysis

Lowry Crossing Volunteer Fire Department Inc is a registered charity in United States, based in McKinney, TX. It received its IRS tax-exemption ruling in August 2017, 9 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, Lowry Crossing Volunteer Fire Department Inc reported income of $100k and spending of $89k, spending 89% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $93k to $100k (+7.2%), an average of +7.2% a year. 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, Lowry Crossing Volunteer Fire Department Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 39th percentile within TX. Charities of a similar size with the same main cause include Crims Chapel Volunteer Fire Department Inc ($100k), Hamilton Safety Council ($100k) and Licensed for Life ($100k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $275k against liabilities of $257k, net assets of $18k.