Sergeantsville Volunteer Fire Company

Analysis

Sergeantsville Volunteer Fire Company is a registered charity in United States, based in Sergeantsvlle, NJ. It received its IRS tax-exemption ruling in January 1998, 28 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 2022, Sergeantsville Volunteer Fire Company reported income of $250k and spending of $306k, spending 123% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income grew from $213k to $250k (+17%), an average of +5.5% a year. The sharpest change came in the year to December 2020, when income rose by 35%. Over the whole period it spent 122% 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, Sergeantsville Volunteer Fire Company sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 65th percentile within NJ. Charities of a similar size with the same main cause include Higher Power Garage ($250k), Jamaica Beach Volunteer Fire Department Inc ($250k) and Elevator Escalator Safety Foundation Inc ($250k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 79% of the total. At year end it held assets of $1.3m against liabilities of $6,675, net assets of $1.3m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.