Lincroft Fire Company

Analysis

Lincroft Fire Company is a registered charity in United States, based in Lincroft, NJ. It received its IRS tax-exemption ruling in December 2016, 10 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, Lincroft Fire Company reported income of $137k and spending of $165k, spending 120% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $111k to $137k (+23%), an average of +5.4% a year. The sharpest change came in the year to December 2021, when income rose by 59%. Over the whole period it spent 88% 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, Lincroft Fire Company sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 53rd percentile within NJ. Charities of a similar size with the same main cause include Cockeysville Volunteer Fire Companytrust ($137k), New Cumberland Vol Fire Dept ($137k) and Hickory Tree Volunteer Fire Department of Sullivan County TN ($137k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 2.9% of the total. At year end it held assets of $951k against liabilities of $3,736, net assets of $947k.