Hoback Volunteer Fire Department

Analysis

Hoback Volunteer Fire Department is a registered charity in United States, based in Jackson, WY. It received its IRS tax-exemption ruling in October 1991, 35 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, Hoback Volunteer Fire Department reported income of $52k and spending of $7,236, leaving 86% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $50k to $52k (+4.3%), an average of +4.3% a year. Over the whole period it spent 25% 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, Hoback Volunteer Fire Department 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 20th percentile, and in the 16th percentile within WY. Charities of a similar size with the same main cause include Friends of Smith Valley Fire District ($52k), Ocean City Police Officers Nonprofit Corporation ($52k) and Clinton TWP Volunteer Rescue and Fire Dept ($52k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 18% of the total. At year end it held assets of $403k against liabilities of $0, net assets of $403k.