Friendswood Volunteer Fire Dept Inc

Analysis

Friendswood Volunteer Fire Dept Inc is a registered charity in United States, based in Friendswood, TX. It received its IRS tax-exemption ruling in June 2003, 23 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 September 2023, Friendswood Volunteer Fire Dept Inc reported income of $3.4m and spending of $3.3m, spending 96% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $2.5m to $3.4m (+36%), an average of +8.0% a year. The sharpest change came in the year to September 2023, when income rose by 16%. Over the whole period it spent 101% 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, Friendswood Volunteer Fire Dept Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 92nd percentile within TX. Charities of a similar size with the same main cause include Kentucky Medical Logistics Inc ($3.4m), Minquas Fire Company 2 Inc ($3.4m) and Ukrainian Resistance Foundation ($3.4m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 64% and program service revenue 28% of the total. Other salaries and wages came to $1.4m. At year end it held assets of $1.0m against liabilities of $367k, net assets of $676k. It reported 113 employees.