Lafayette Township Fire Department First Responder Squad

Analysis

Lafayette Township Fire Department First Responder Squad is a registered charity in United States, based in Lafayette, NJ. It received its IRS tax-exemption ruling in August 2014, 12 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, Lafayette Township Fire Department First Responder Squad reported income of $56k and spending of $69k, spending 123% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $62k to $56k (-8.8%), an average of -2.3% a year. The sharpest change came in the year to December 2021, when income rose by 48%. Over the whole period it spent 94% 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, Lafayette Township Fire Department First Responder Squad 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 29th percentile within NJ. Charities of a similar size with the same main cause include Mottville Fire Company ($56k), LV Project ($57k) and St Henry Emergency Squad Inc ($56k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $87k against liabilities of $0, net assets of $87k.