Montague Volunteer Fire Department

Analysis

Montague Volunteer Fire Department is a registered charity in United States, based in Nocona, TX. It received its IRS tax-exemption ruling in June 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 December 2023, Montague Volunteer Fire Department reported income of $88k and spending of $99k, spending 113% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $100k to $88k (-13%), an average of -13% a year. Over the whole period it spent 96% 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, Montague Volunteer Fire Department sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 35th percentile within TX. Charities of a similar size with the same main cause include New Haven Volunteer Fire Department Inc ($88k), Wardensville Rescue Squad ($88k) and Yorktown Firemans Association ($87k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 71% of the total. At year end it held assets of $140k against liabilities of $0, net assets of $140k.