Clyde Volunteer Fire Department

Analysis

Clyde Volunteer Fire Department is a registered charity in United States, based in Clyde, TX. It received its IRS tax-exemption ruling in April 2012, 14 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, Clyde Volunteer Fire Department reported income of $54k and spending of $133k, spending 248% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $192k to $54k (-72%), an average of -72% a year. The sharpest change came in the year to December 2023, when income dropped by 72%. Over the whole period it spent 97% 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, Clyde Volunteer Fire Department sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 21st percentile within TX. Charities of a similar size with the same main cause include Yantis Volunteer Fire Department ($54k), Oceanport Vol First Aid and Rescue Squad ($54k) and Cajun Navy 2016 ($53k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $173k against liabilities of $0, net assets of $173k.