The Taunton Fire Company

Analysis

The Taunton Fire Company is a registered charity in United States, based in Medford, NJ. It received its IRS tax-exemption ruling in November 1978, 48 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, The Taunton Fire Company reported income of $75k and spending of $77k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $78k to $75k (-2.9%), an average of -2.9% a year. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Taunton Fire Company sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 37th percentile within NJ. Charities of a similar size with the same main cause include Action Centered Tutoring Services ($75k), Friends of the West Bloomfield Township Library ($75k) and PTA Texas Congress ($75k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 84% of the total. At year end it held assets of $416k against liabilities of $0, net assets of $416k.