Grandview Volunteer Fire Department Inc

Analysis

Grandview Volunteer Fire Department Inc is a registered charity in United States, based in Grandview, TX. It received its IRS tax-exemption ruling in July 1996, 30 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending April 2023, Grandview Volunteer Fire Department Inc reported income of $274k and spending of $295k, spending 108% of what it took in. Across the 4 years on record, from April 2020 to April 2023, income grew from $176k to $274k (+55%), an average of +16% a year. The sharpest change came in the year to April 2023, when income rose by 66%. Over the whole period it spent 110% 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, Grandview Volunteer Fire Department Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 64th percentile within TX. Charities of a similar size with the same main cause include Greensboro Police Foundation ($274k), St Elmo-Irvington Fire District Inc ($274k) and Box Elder Volunteer Fire Department ($274k).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 4.0% and program service revenue 96% of the total. At year end it held assets of $516k against liabilities of $164k, net assets of $352k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.