Fannin Volunteer Fire Department

Analysis

Fannin Volunteer Fire Department is a registered charity in United States, based in Fannin, TX. It received its IRS tax-exemption ruling in October 2002, 24 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Fannin Volunteer Fire Department reported income of $67k and spending of $28k, leaving 58% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $69k to $67k (-3.1%), an average of -3.1% a year. Over the whole period it spent 41% 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, Fannin Volunteer Fire Department sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 27th percentile within TX. Charities of a similar size with the same main cause include Union County Crime Stoppers Inc ($67k), Jasper Ray Foundation for Drowning Prevention and Child Safety ($67k) and US Resiliency Council ($67k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 63% and program service revenue 0.9% of the total. At year end it held assets of $402k against liabilities of $0, net assets of $402k.