Community Fire Company of Leonardo Inc

Analysis

Community Fire Company of Leonardo Inc is a registered charity in United States, based in Leonardo, NJ. It received its IRS tax-exemption ruling in January 1999, 27 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, Community Fire Company of Leonardo Inc reported income of $176k and spending of $164k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $167k to $176k (+5.7%), an average of +1.4% 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, Community Fire Company of Leonardo Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 58th percentile within NJ. Charities of a similar size with the same main cause include Oak Island Double Bayou Volunteer Fire Department ($176k), Kane Volunteer Fire Department ($176k) and Volunteer Fire Company of Vernon Inc ($176k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 25% of the total. At year end it held assets of $1.1m against liabilities of $133k, net assets of $948k.