New Market Volunteer Fire Co Inc

Analysis

New Market Volunteer Fire Co Inc is a registered charity in United States, based in Piscataway, NJ. It received its IRS tax-exemption ruling in June 2006, 20 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, New Market Volunteer Fire Co Inc reported income of $214k and spending of $108k, leaving 49% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $181k to $214k (+18%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 18%. Over the whole period it spent 64% 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, New Market Volunteer Fire Co Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 62nd percentile within NJ. Charities of a similar size with the same main cause include Bethel Community Fire Protection Association Inc ($214k), Torrance Police Foundation ($214k) and Brentwood Volunteer Fire Company ($214k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% of the total. At year end it held assets of $435k against liabilities of $0, net assets of $435k.