Beach Haven Volunteer Fire Co

Analysis

Beach Haven Volunteer Fire Co is a registered charity in United States, based in Beach Haven, NJ. It received its IRS tax-exemption ruling in April 2020, 6 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Beach Haven Volunteer Fire Co reported income of $541k and spending of $544k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $422k to $541k (+28%), an average of +6.4% a year. The sharpest change came in the year to December 2021, when income rose by 56%. Over the whole period it spent 115% 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, Beach Haven Volunteer Fire Co sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 76th percentile within NJ. Charities of a similar size with the same main cause include Stanley Volunteer Rural Fire Association ($540k), Annandale Volunteer Fire Department Incorporated ($541k) and Pleasant Hill Volunteer Fire Co ($538k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 69% of the total. Other salaries and wages came to $21k. At year end it held assets of $2.5m against liabilities of $356k, net assets of $2.2m. It reported 8 employees.