Randolph Chemical Engine Co No 2 Inc

Analysis

Randolph Chemical Engine Co No 2 Inc is a registered charity in United States, based in Randolph, NJ. It received its IRS tax-exemption ruling in March 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Randolph Chemical Engine Co No 2 Inc reported income of $160k and spending of $80k, leaving 50% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $94k to $160k (+69%), an average of +14% a year. The sharpest change came in the year to December 2020, when income rose by 60%. Over the whole period it spent 59% 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, Randolph Chemical Engine Co No 2 Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 56th percentile within NJ. Charities of a similar size with the same main cause include Schnellville Fire Fighting Corp ($160k), Watson Chapel Fire Department Inc ($160k) and Rossville Volunteer Fire Dept Inc ($160k).

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 $1.0m against liabilities of $3,403, net assets of $1.0m.