Avenel Fire Company 1 Avenel NJ

Analysis

Avenel Fire Company 1 Avenel NJ is a registered charity in United States, based in Avenel, NJ. It received its IRS tax-exemption ruling in April 1995, 31 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, Avenel Fire Company 1 Avenel NJ reported income of $87k and spending of $87k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $222k to $87k (-61%), an average of -21% a year. The sharpest change came in the year to December 2020, when income dropped by 62%. Over the whole period it spent 97% 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, Avenel Fire Company 1 Avenel NJ sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 41st percentile within NJ. Charities of a similar size with the same main cause include Ovarian Cancer Coalition of Greater California ($86k), Deerfield Valley Volunteer Fire Department Inc ($87k) and Townville Area Ambulance Service Inc ($86k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 14% and program service revenue 22% of the total. At year end it held assets of $56k against liabilities of $0, net assets of $56k.

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.