Centerville Volunteer Fire Department Inc

Analysis

Centerville Volunteer Fire Department Inc is a registered charity in United States, based in Centerville, TX. It received its IRS tax-exemption ruling in August 1997, 29 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, Centerville Volunteer Fire Department Inc reported income of $236k and spending of $214k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $316k to $236k (-25%), an average of -7.0% a year. The sharpest change came in the year to December 2023, when income rose by 72%. Over the whole period it spent 116% 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, Centerville Volunteer Fire Department Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 61st percentile within TX. Charities of a similar size with the same main cause include Conestoga Volunteer Fire Co ($236k), Cheriton Volunteer Fir Co Inc ($236k) and Sullivan County Volunteer Fire Department No 1 ($236k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $1.6m against liabilities of $0, net assets of $1.6m.