Hearne Volunteer Fire Dept Inc

Analysis

Hearne Volunteer Fire Dept Inc is a registered charity in United States, based in Hearne, TX. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 September 2023, Hearne Volunteer Fire Dept Inc reported income of $76k and spending of $73k, spending 97% of its income. Across the 2 years on record, from September 2022 to September 2023, income fell from $160k to $76k (-53%), an average of -53% a year. The sharpest change came in the year to September 2023, when income dropped by 53%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hearne Volunteer Fire Dept Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 31st percentile within TX. Charities of a similar size with the same main cause include Hebrew Free Loan Association of Baltimore City Inc ($76k), PTA California Congress of Parents Teachers & Students Inc ($76k) and Bux Mont Educational Radio Assoc ($76k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 12% and program service revenue 88% of the total. At year end it held assets of $14k against liabilities of $0, net assets of $14k.