Germania Volunteer Fire Company No 2

Analysis

Germania Volunteer Fire Company No 2 is a registered charity in United States, based in Cologne, NJ. It received its IRS tax-exemption ruling in July 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Germania Volunteer Fire Company No 2 reported income of $102k and spending of $169k, spending 166% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $110k to $102k (-7.6%), an average of -2.0% a year. The sharpest change came in the year to December 2021, when income rose by 975%. Over the whole period it spent 63% 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, Germania Volunteer Fire Company No 2 sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 45th percentile within NJ. Charities of a similar size with the same main cause include Manchester Township Volunteer Fire Company No 1 ($102k), Nicholson Fire Company No 1 ($102k) and International Association of Fire Fighters ($102k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 69% of the total. At year end it held assets of $1.1m against liabilities of $22k, net assets of $1.1m.