Blackwood Fire Company

Analysis

Blackwood Fire Company is a registered charity in United States, based in Blackwood, NJ. It received its IRS tax-exemption ruling in December 2015, 11 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, Blackwood Fire Company reported income of $99k and spending of $105k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $116k to $99k (-15%), an average of -4.1% a year. The sharpest change came in the year to December 2023, when income dropped by 34%. Over the whole period it spent 94% 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, Blackwood Fire Company sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 44th percentile within NJ. Charities of a similar size with the same main cause include Lakeway Central Volunteer Fire Department Inc ($99k), Marlboro Volunteer Fire Company Inc ($99k) and Lincoln Volunteer Fire Company Inc ($99k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 21% and program service revenue 79% of the total. It paid $2,612 in professional fundraising fees. At year end it held assets of $805k against liabilities of $503k, net assets of $302k.