United Fire Co 1 Neptune City

Analysis

United Fire Co 1 Neptune City is a registered charity in United States, based in Neptune City, NJ. It received its IRS tax-exemption ruling in January 2020, 6 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, United Fire Co 1 Neptune City reported income of $69k and spending of $60k, spending 86% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $67k to $69k (+4.2%), an average of +4.2% a year. Over the whole period it spent 85% 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, United Fire Co 1 Neptune City 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 35th percentile within NJ. Charities of a similar size with the same main cause include City of Prairie du Chien Fire Assoc Inc ($69k), The Montebello Fire & Emergency Services Inc ($69k) and Citizens Against Residential Emergencies ($69k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 57% of the total. At year end it held assets of $151k against liabilities of $40k, net assets of $111k.