Ridgeway Volunteer Fire Company

Analysis

Ridgeway Volunteer Fire Company is a registered charity in United States, based in Manchester, NJ. It received its IRS tax-exemption ruling in February 1991, 35 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, Ridgeway Volunteer Fire Company reported income of $283k and spending of $261k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $223k to $283k (+27%), an average of +6.2% a year. The sharpest change came in the year to December 2021, when income rose by 64%. Over the whole period it spent 96% 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, Ridgeway Volunteer Fire Company sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 67th percentile within NJ. Charities of a similar size with the same main cause include Orlando Amateur Radio Club Incorporated ($283k), St Cloud Firemens Association Inc ($284k) and Invincible Fire Co Inc ($283k).

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 $919k against liabilities of $84k, net assets of $835k.