South Egg Harbor Volunteer Fire Co No 5 Galloway Township Inc

Analysis

South Egg Harbor Volunteer Fire Co No 5 Galloway Township Inc is a registered charity in United States, based in Egg Harbor Cy, NJ. It received its IRS tax-exemption ruling in January 2001, 25 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, South Egg Harbor Volunteer Fire Co No 5 Galloway Township Inc reported income of $55k and spending of $42k, leaving 24% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $61k to $55k (-9.1%), an average of -2.4% a year. The sharpest change came in the year to December 2021, when income rose by 21%. Over the whole period it spent 63% 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, South Egg Harbor Volunteer Fire Co No 5 Galloway Township Inc sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 28th percentile within NJ. Charities of a similar size with the same main cause include Cutler Volunteer Fire Co Inc ($55k), Chattanooga Rural Fire Inc Protection Association ($55k) and Moorefield Store Community Volunteer Fire Dept Inc ($55k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% of the total. At year end it held assets of $1.6m against liabilities of $0, net assets of $1.6m.