Wildwood Crest Fire Company Number One

Analysis

Wildwood Crest Fire Company Number One is a registered charity in United States, based in Wildwood CRST, NJ. It received its IRS tax-exemption ruling in January 1981, 45 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, Wildwood Crest Fire Company Number One reported income of $375k and spending of $476k, spending 127% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $459k to $375k (-18%), an average of -4.9% a year. The sharpest change came in the year to December 2020, when income dropped by 21%. Over the whole period it spent 135% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Wildwood Crest Fire Company Number One sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 71st percentile within NJ. Charities of a similar size with the same main cause include Dr & Mrs Al Garver Memorial ($375k), Maine Writers and Publishers Alliance ($375k) and New Mexico Association for Home and Hospice Care ($375k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 26% and program service revenue 67% of the total. Other salaries and wages came to $8,050. At year end it held assets of $2.3m against liabilities of $0, net assets of $2.3m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.