Faught Community Center Volunteer Fire Department

Analysis

Faught Community Center Volunteer Fire Department is a registered charity in United States, based in Paris, 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, Faught Community Center Volunteer Fire Department reported income of $126k and spending of $98k, leaving 22% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $141k to $126k (-11%), an average of -10% a year. Over the whole period it spent 94% 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, Faught Community Center Volunteer Fire Department sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 46th percentile within TX. Charities of a similar size with the same main cause include New Stanton Volunteer Fire Department ($126k), Monroe Lakeside Fire and Rescue Company Inc ($126k) and Barnegat First Aid Squad ($126k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 64% of the total. At year end it held assets of $189k against liabilities of $0, net assets of $189k.