Gordons Corner Fire Co

Analysis

Gordons Corner Fire Co is a registered charity in United States, based in Manalapan, NJ. It received its IRS tax-exemption ruling in April 1986, 40 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, Gordons Corner Fire Co reported income of $179k and spending of $251k, spending 140% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $281k to $179k (-36%), an average of -11% a year. The sharpest change came in the year to December 2023, when income dropped by 41%. Over the whole period it spent 88% 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, Gordons Corner Fire Co sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 58th percentile within NJ. Charities of a similar size with the same main cause include Shell Lake Area Fire Association ($179k), Bleiblerville Volunteer Fire Department ($179k) and Wilmot Fire & Rescue Inc ($179k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.2% of the total. At year end it held assets of $1.2m against liabilities of $178k, net assets of $1.1m.