Scenic Loop Volunteer Fire Department Inc

Analysis

Scenic Loop Volunteer Fire Department Inc is a registered charity in United States, based in Livingston, TX. It received its IRS tax-exemption ruling in December 1996, 30 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, Scenic Loop Volunteer Fire Department Inc reported income of $134k and spending of $150k, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $153k to $134k (-12%), an average of -3.1% a year. The sharpest change came in the year to December 2022, when income rose by 49%. Over the whole period it spent 96% 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, Scenic Loop Volunteer Fire Department Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 48th percentile within TX. Charities of a similar size with the same main cause include Seminole County Sheriffs Office Community Foundation Inc ($134k), Hotzone ($135k) and Coolville Volunteer Fire Department ($134k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 79% of the total. At year end it held assets of $226k against liabilities of $50k, net assets of $177k.