Bay City Volunteer Fire Department Incorporated

Analysis

Bay City Volunteer Fire Department Incorporated is a registered charity in United States, based in Bay City, TX. It received its IRS tax-exemption ruling in February 1984, 42 years ago. 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 2022, Bay City Volunteer Fire Department Incorporated reported income of $82k and spending of $74k, spending 90% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $74k to $82k (+9.8%), an average of +3.2% a year. The sharpest change came in the year to December 2020, when income rose by 47%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Bay City Volunteer Fire Department Incorporated sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 33rd percentile within TX. Charities of a similar size with the same main cause include Suburban Youth Symphony Orchestra ($82k), Little League Baseball Inc ($82k) and San Bernardino Railroad Historical Society ($82k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 99% of the total. At year end it held assets of $264k against liabilities of $0, net assets of $264k.