Colts Neck Fire Department Inc

Analysis

Colts Neck Fire Department Inc is a registered charity in United States, based in Colts Neck, NJ. It received its IRS tax-exemption ruling in September 2003, 23 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, Colts Neck Fire Department Inc reported income of $68k and spending of $80k, spending 117% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $54k to $68k (+28%), an average of +28% a year. The sharpest change came in the year to December 2023, when income rose by 28%. Over the whole period it spent 121% 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, Colts Neck Fire Department Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 34th percentile within NJ. Charities of a similar size with the same main cause include Itron Employee Emergency Foundation ($68k), Alaska State Firefighters Association ($68k) and Manasquan Hook & Ladder Co 1 ($68k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $28k against liabilities of $0, net assets of $28k.