Lumberton Fire Company No 1

Analysis

Lumberton Fire Company No 1 is a registered charity in United States, based in Lumberton, NJ. It received its IRS tax-exemption ruling in April 2007, 19 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, Lumberton Fire Company No 1 reported income of $104k and spending of $146k, spending 140% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $182k to $104k (-43%), an average of -13% a year. The sharpest change came in the year to December 2023, when income rose by 88%. Over the whole period it spent 98% 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, Lumberton Fire Company No 1 sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 46th percentile within NJ. Charities of a similar size with the same main cause include Wallisville Volunteer Fire Department Inc ($104k), Rapid Ministries Inc ($104k) and Hugs for US ($104k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 4.4% of the total. Compensation of current officers, directors and key employees was $8,827 (6.1% of expenses). Other salaries and wages came to $36k. At year end it held assets of $283k against liabilities of $0, net assets of $283k. It reported 22 employees.