Rio Grande Fire Company No 1 Inc

Analysis

Rio Grande Fire Company No 1 Inc is a registered charity in United States, based in Rio Grande, NJ. It received its IRS tax-exemption ruling in September 2002, 24 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, Rio Grande Fire Company No 1 Inc reported income of $234k and spending of $129k, leaving 45% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $148k to $234k (+58%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 71%. Over the whole period it spent 84% 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, Rio Grande Fire Company No 1 Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 64th percentile within NJ. Charities of a similar size with the same main cause include All Mens Evagelist Nation a M E N Inc ($234k), Bolton Volunteer Fire and Rescue Dept Inc ($234k) and Mid Coast Fire Brigade ($233k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 30% of the total. Compensation of current officers, directors and key employees was $5,900 (4.6% of expenses). It paid $2,521 in professional fundraising fees. At year end it held assets of $444k against liabilities of $0, net assets of $444k.