Herbertsville Firc Co No 1

Analysis

Herbertsville Firc Co No 1 is a registered charity in United States, based in Brick, NJ. It received its IRS tax-exemption ruling in April 1998, 28 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, Herbertsville Firc Co No 1 reported income of $219k and spending of $194k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $169k to $219k (+29%), an average of +6.6% a year. The sharpest change came in the year to December 2022, when income rose by 21%. Over the whole period it spent 80% 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, Herbertsville Firc Co No 1 sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 63rd percentile within NJ. Charities of a similar size with the same main cause include Forest Grove Volunteer Fire Department ($219k), Fin & Feather Club of Mason County ($219k) and Ohiopyle Stewart Volunteer Fire Company ($218k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 46% of the total. At year end it held assets of $2.6m against liabilities of $242k, net assets of $2.4m.