Somerdale Fire Department Inc

Analysis

Somerdale Fire Department Inc is a registered charity in United States, based in Somerdale, NJ. It received its IRS tax-exemption ruling in November 2000, 26 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, Somerdale Fire Department Inc reported income of $64k and spending of $65k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $64k to $64k (-0.1%), an average of +-0.0% a year. The sharpest change came in the year to December 2021, when income rose by 35%. 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, Somerdale Fire Department Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 32nd percentile within NJ. Charities of a similar size with the same main cause include Fillmore Search and Rescue ($64k), Dunellen Defender Fire Company No 1 ($64k) and Sparta White County Volunteer Rescue Squad Inc ($63k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% of the total. At year end it held assets of $376k against liabilities of $127k, net assets of $249k.