Carthage Fire Department

Analysis

Carthage Fire Department is a registered charity in United States, based in Carthage, TX. It received its IRS tax-exemption ruling in July 2022, 4 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, Carthage Fire Department reported income of $262k and spending of $98k, leaving 63% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $89k to $262k (+195%), an average of +195% a year. The sharpest change came in the year to December 2023, when income rose by 195%. Over the whole period it spent 56% 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, Carthage Fire Department sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 63rd percentile within TX. Charities of a similar size with the same main cause include Asa-Asa Foundation ($262k), Greenwood Hose Company No 1 ($262k) and Black Rock Vounteer Fire Company ($262k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $442k against liabilities of $0, net assets of $442k.