Larue-New York Volunteer Fire Department Inc

Analysis

Larue-New York Volunteer Fire Department Inc is a registered charity in United States, based in Larue, TX. It received its IRS tax-exemption ruling in February 1998, 28 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, Larue-New York Volunteer Fire Department Inc reported income of $102k and spending of $72k, leaving 29% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $42k to $102k (+143%), an average of +25% a year. The sharpest change came in the year to December 2020, when income rose by 63%. 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, Larue-New York 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 40th percentile within TX. Charities of a similar size with the same main cause include Central Volunteer Fire Department Inc ($102k), Floyd Volunteer Fire Department ($102k) and Friends of Josephine County Search & Rescue ($102k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $282k against liabilities of $50k, net assets of $232k.