Rankin Volunteer Fire Department

Analysis

Rankin Volunteer Fire Department is a registered charity in United States, based in Rankin, TX. It received its IRS tax-exemption ruling in July 1995, 31 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 September 2023, Rankin Volunteer Fire Department reported income of $219k and spending of $101k, leaving 54% of income unspent that year. Across the 2 years on record, from September 2022 to September 2023, income grew from $113k to $219k (+94%), an average of +94% a year. The sharpest change came in the year to September 2023, when income rose by 94%. 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, Rankin Volunteer Fire Department sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 60th percentile within TX. Charities of a similar size with the same main cause include Star Tannery Volunteer Fire Dept Inc ($219k), Woodstock Rescue Squad Inc ($219k) and Beverly Hills C P R ($219k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $271k against liabilities of $0, net assets of $271k.