Indian Mills Volunteer Fire Co

Analysis

Indian Mills Volunteer Fire Co is a registered charity in United States, based in Shamong, NJ. It received its IRS tax-exemption ruling in December 2021, 5 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, Indian Mills Volunteer Fire Co reported income of $168k and spending of $132k, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $284k to $168k (-41%), an average of -12% a year. The sharpest change came in the year to December 2022, when income rose by 42%. Over the whole period it spent 110% 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, Indian Mills Volunteer Fire Co sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 57th percentile within NJ. Charities of a similar size with the same main cause include Bowmanstown Volunteer Fire Co ($168k), Straight Mountain Fire Department ($168k) and Hanover Area Fire District Inc ($168k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% and program service revenue 0.4% of the total. Compensation of current officers, directors and key employees was $4,563 (3.5% of expenses). At year end it held assets of $318k against liabilities of $0, net assets of $318k.