North Wildwood Fire Co No 1

Analysis

North Wildwood Fire Co No 1 is a registered charity in United States, based in N Wildwood, NJ. It received its IRS tax-exemption ruling in October 1983, 43 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3).

In the financial year ending December 2023, North Wildwood Fire Co No 1 reported income of $74k and spending of $92k, spending 124% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $70k to $74k (+5.5%), an average of +5.5% a year. Over the whole period it spent 124% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, North Wildwood Fire Co No 1 sits at the 29th percentile: it is larger than about 29% 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 Save a Life Inc ($74k), The Wichita Scottish Rite Charitable Trust ($74k) and Little League Baseball Inc ($74k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $208k against liabilities of $0, net assets of $208k.