Community Fire Company Inc

Analysis

Community Fire Company Inc is a registered charity in United States, based in Wayne, NJ. It received its IRS tax-exemption ruling in July 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, Community Fire Company Inc reported income of $186k and spending of $144k, leaving 23% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $202k to $186k (-7.9%), an average of -4.0% a year. The sharpest change came in the year to December 2022, when income dropped by 17%. Over the whole period it spent 83% 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, Community Fire Company Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 59th percentile within NJ. Charities of a similar size with the same main cause include West Finley Volunteer Fire Department ($186k), McKinleyville Volunteer Fire Department Inc ($187k) and Stanhope Community Volunteer Fire Department Inc ($186k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 32% of the total. At year end it held assets of $504k against liabilities of $0, net assets of $504k.