Millstone Township Fire Company

Analysis

Millstone Township Fire Company is a registered charity in United States, based in Clarksburg, NJ. It received its IRS tax-exemption ruling in April 2010, 16 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, Millstone Township Fire Company reported income of $54k and spending of $61k, spending 112% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $43k to $54k (+25%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 25%. Over the whole period it spent 129% 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, Millstone Township Fire Company sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 28th percentile within NJ. Charities of a similar size with the same main cause include Oregon Coast Boating Safety and Education Foundation ($54k), Thornwood Fire Co No 1 ($54k) and New Market Community Volunteer Fire Department Inc ($54k).

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 $151k against liabilities of $0, net assets of $151k.