Smith Point Volunteer Fire Department and Emergency Corps

Analysis

Smith Point Volunteer Fire Department and Emergency Corps is a registered charity in United States, based in Anahuac, TX. It received its IRS tax-exemption ruling in March 1986, 40 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 2023, Smith Point Volunteer Fire Department and Emergency Corps reported income of $162k and spending of $89k, leaving 45% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $97k to $162k (+67%), an average of +67% a year. The sharpest change came in the year to December 2023, when income rose by 67%. Over the whole period it spent 69% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Smith Point Volunteer Fire Department and Emergency Corps sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 53rd percentile within TX. Charities of a similar size with the same main cause include Barnegat Bay Yacht Racing Assoc ($162k), Iva Community Recreation Center ($162k) and Society of American Military Engineers ($162k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 75% of the total. At year end it held assets of $279k against liabilities of $0, net assets of $279k.