Granbury Volunteer Fire Department

Analysis

Granbury Volunteer Fire Department is a registered charity in United States, based in Granbury, TX. It received its IRS tax-exemption ruling in August 2024, 2 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 December 2023, Granbury Volunteer Fire Department reported income of $152k and spending of $55k, leaving 64% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $104k to $152k (+46%), an average of +46% a year. The sharpest change came in the year to December 2023, when income rose by 46%. Over the whole period it spent 72% 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, Granbury Volunteer Fire Department sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 51st percentile within TX. Charities of a similar size with the same main cause include Franklin Volunteer Fire Department Inc ($152k), Shiro Volunteer Fire Department ($152k) and West Webster Volunteer Firemens Association ($152k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $440k against liabilities of $312k, net assets of $128k.