Chews Volunteer Fire Company No 1

Analysis

Chews Volunteer Fire Company No 1 is a registered charity in United States, based in Blackwood, NJ. It received its IRS tax-exemption ruling in July 1982, 44 years ago. 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, Chews Volunteer Fire Company No 1 reported income of $143k and spending of $112k, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $104k to $143k (+37%), an average of +8.2% a year. The sharpest change came in the year to December 2020, when income dropped by 26%. Over the whole period it spent 78% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Chews Volunteer Fire Company No 1 sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 54th percentile within NJ. Charities of a similar size with the same main cause include Emergence Dance Theatre ($143k), Park County Library Foundation Incorporated ($143k) and Engineers Foundation of Kansas ($143k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 55% of the total. Other salaries and wages came to $21k. At year end it held assets of $484k against liabilities of $73k, net assets of $411k. It reported 8 employees.