Flanders Fire Company 1 Inc

Analysis

Flanders Fire Company 1 Inc is a registered charity in United States, based in Flanders, NJ. It received its IRS tax-exemption ruling in August 1999, 27 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, Flanders Fire Company 1 Inc reported income of $429k and spending of $457k, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $358k to $429k (+20%), an average of +4.7% a year. The sharpest change came in the year to December 2023, when income rose by 31%. Over the whole period it spent 97% 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, Flanders Fire Company 1 Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 73rd percentile within NJ. Charities of a similar size with the same main cause include Macedonia Fire District ($429k), Millerstown Fire Department Incorporated ($430k) and Somerton Volunteer Fire Department ($429k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $1.6m against liabilities of $525k, net assets of $1.0m.