South Wall Fire Co Inc

Analysis

South Wall Fire Co Inc is a registered charity in United States, based in Allenwood, NJ. It received its IRS tax-exemption ruling in March 1993, 33 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, South Wall Fire Co Inc reported income of $200k and spending of $119k, leaving 40% of income unspent that year. Across the 3 years on record, from December 2019 to December 2023, income grew from $171k to $200k (+17%), an average of +8.0% a year. The sharpest change came in the year to December 2023, when income rose by 119%. Over the whole period it spent 59% 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, South Wall Fire Co Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 61st percentile within NJ. Charities of a similar size with the same main cause include Reclaimed Ministries Inc ($200k), Colorado Fraternal Order of Police Safety Awareness Foundation ($200k) and Leraysville-Pike Volunteer Fire Department ($199k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% of the total. At year end it held assets of $1.4m against liabilities of $184k, net assets of $1.2m.