Volusia School Fuel Inc

Analysis

Volusia School Fuel Inc is a registered charity in United States, based in Deland, FL. It received its IRS tax-exemption ruling in December 2017, 9 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Volusia School Fuel Inc reported income of $55k and spending of $64k, spending 116% of what it took in. Across the 2 years on record, from September 2022 to September 2023, income grew from $42k to $55k (+33%), an average of +33% a year. The sharpest change came in the year to September 2023, when income rose by 33%. Over the whole period it spent 107% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Volusia School Fuel Inc sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 25th percentile within FL. Charities of a similar size with the same main cause include Vine Haiti Inc ($55k), Texas Panhandle Community Partners ($55k) and Ohio in Arabic Foundation ($55k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $151k against liabilities of $0, net assets of $151k.