Toms River Volunteer Fire Dept Co 2

Analysis

Toms River Volunteer Fire Dept Co 2 is a registered charity in United States, based in Toms River, NJ. It received its IRS tax-exemption ruling in June 1995, 31 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 March 2023, Toms River Volunteer Fire Dept Co 2 reported income of $126k and spending of $188k, spending 149% of what it took in. Across the 2 years on record, from March 2022 to March 2023, income fell from $970k to $126k (-87%), an average of -87% a year. The sharpest change came in the year to March 2023, when income dropped by 87%. Over the whole period it spent 25% 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, Toms River Volunteer Fire Dept Co 2 sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 51st percentile within NJ. Charities of a similar size with the same main cause include Mozart Volunteer & Improvement Association ($126k), Turtle Creek Volunteer Fire Department Inc ($126k) and Victory Fire Department Inc ($126k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 20% and program service revenue 53% of the total. At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m.