The Knickerbocker Hook and Ladder Company of Closter New Jersey

Analysis

The Knickerbocker Hook and Ladder Company of Closter New Jersey is a registered charity in United States, based in Closter, NJ. It received its IRS tax-exemption ruling in June 1994, 32 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, The Knickerbocker Hook and Ladder Company of Closter New Jersey reported income of $70k and spending of $60k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $79k to $70k (-11%), an average of -2.8% a year. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Knickerbocker Hook and Ladder Company of Closter New Jersey sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 35th percentile within NJ. Charities of a similar size with the same main cause include 165 Main Street Inc ($70k), Boston Artists Ensemble Inc ($70k) and Autism Society of America ($70k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% of the total. At year end it held assets of $906k against liabilities of $0, net assets of $906k.