Danbury Volunteer Fire Department Inc

Analysis

Danbury Volunteer Fire Department Inc is a registered charity in United States, based in Danbury, TX. It received its IRS tax-exemption ruling in June 1994, 32 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Danbury Volunteer Fire Department Inc reported income of $52k and spending of $120k, spending 231% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $35k to $52k (+47%), an average of +10% a year. The sharpest change came in the year to December 2020, when income rose by 44%. Over the whole period it spent 352% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Danbury Volunteer Fire Department Inc sits at the 16th percentile: it is larger than about 16% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 21st percentile within TX. Charities of a similar size with the same main cause include Naatp Foundation for Recovery Science and Education ($52k), McDuffie Healthcare Foundation Inc ($52k) and Lions Camp Project District 25-F Inc ($52k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. At year end it held assets of $517k against liabilities of $0, net assets of $517k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.