Pequannock Volunteer Fire Department

Analysis

Pequannock Volunteer Fire Department is a registered charity in United States, based in Pequannock, NJ. It received its IRS tax-exemption ruling in April 1980, 46 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, Pequannock Volunteer Fire Department reported income of $74k and spending of $91k, spending 123% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $98k to $74k (-25%), an average of -25% a year. The sharpest change came in the year to December 2023, when income dropped by 25%. Over the whole period it spent 73% 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, Pequannock Volunteer Fire Department sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 36th percentile within NJ. Charities of a similar size with the same main cause include Kingdom Resources ($74k), Northwest Indiana District 1 Firefighter Training Council Inc ($74k) and Fennimore Volunteer Fire Department Inc ($74k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 94% of the total. At year end it held assets of $211k against liabilities of $0, net assets of $211k.