Skyline Lake Volunteer Fire Dept

Analysis

Skyline Lake Volunteer Fire Dept is a registered charity in United States, based in Ringwood, NJ. It received its IRS tax-exemption ruling in July 1996, 30 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, Skyline Lake Volunteer Fire Dept reported income of $121k and spending of $119k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $113k to $121k (+7.7%), an average of +1.9% a year. The sharpest change came in the year to December 2021, when income rose by 26%. Over the whole period it spent 86% 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, Skyline Lake Volunteer Fire Dept sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 50th percentile within NJ. Charities of a similar size with the same main cause include Renan Volunteer Fire Department ($121k), Florida Crisis Response Team Incorporated ($121k) and Holiday Camplands Volunteer Safety Forces Inc ($121k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 68% of the total. At year end it held assets of $584k against liabilities of $29k, net assets of $555k.