South Old Bridge Volunteer Fire Company Incorporated

Analysis

South Old Bridge Volunteer Fire Company Incorporated is a registered charity in United States, based in South River, 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, South Old Bridge Volunteer Fire Company Incorporated reported income of $316k and spending of $197k, leaving 38% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income fell from $317k to $316k (-0.5%), an average of -0.1% a year. The sharpest change came in the year to December 2022, when income rose by 35%. Over the whole period it spent 72% 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, South Old Bridge Volunteer Fire Company Incorporated sits at the 73rd percentile: it is larger than about 73% 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 Montgomery Township Volunteer Fire Company No 2 ($316k), Lake Vermilion Fire Brigade ($316k) and Prairie Township Volunteer Fire Department ($316k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.1% and program service revenue 97% of the total. At year end it held assets of $3.7m against liabilities of $0, net assets of $3.7m.