Milford N J Fire Company Inc

Analysis

Milford N J Fire Company Inc is a registered charity in United States, based in Milford, NJ. It received its IRS tax-exemption ruling in October 1981, 45 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, Milford N J Fire Company Inc reported income of $328k and spending of $220k, leaving 33% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $161k to $328k (+104%), an average of +20% a year. The sharpest change came in the year to December 2020, when income rose by 37%. Over the whole period it spent 90% 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, Milford N J Fire Company Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 69th percentile within NJ. Charities of a similar size with the same main cause include Sloan Community Fire and Ambulance Department ($328k), Salem Volunteer Fire Dept ($328k) and Lower Ninth Ward Center for Sustainable Engagement and Develop ($327k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $938k against liabilities of $0, net assets of $938k.