Hook and Ladder No 3 Fort Lee Fire Department

Analysis

Hook and Ladder No 3 Fort Lee Fire Department is a registered charity in United States, based in Fort Lee, NJ. It received its IRS tax-exemption ruling in October 2010, 16 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, Hook and Ladder No 3 Fort Lee Fire Department reported income of $90k and spending of $86k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $84k to $90k (+6.6%), an average of +6.6% a year. Over the whole period it spent 84% 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, Hook and Ladder No 3 Fort Lee Fire Department sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 42nd percentile within NJ. Charities of a similar size with the same main cause include Hidy Ochiai Foundation ($90k), Bradshaw Volunteer Fire Department Inc ($90k) and Verbena Volunteer Fire and Rescue Department Inc ($90k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 17% of the total. At year end it held assets of $257k against liabilities of $0, net assets of $257k.